Dow Moves towards Technical Resistance at 16,700; Panic shorts have been run out for 1000 point loser Posted on October 23, 2014January 11, 2018 by Chris Robinson 16649 has been the high tick so far in the Dow Futures Dec as of 10:09 AM. 16,701 is the fibonacci 62% retracement. History shows these levels are good target for both bulls and bears.