As we mentioned yesterday and shown on the chart, the Dow fell below the 38500-600 support, which could add more pressure as prices head towards the 37700 zone.
If the price holds below 38500-600, a chance for a further drop toward 37700 will be expected.
Above 38600, the market could push back towards the 39100-200 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38000 | 38500-600 |
| LEVEL2 | 37700 | 39050 |
| LEVEL3 | 37250 | 39400 |
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