The Dow rebounded and passed the 38600 resistance on the back of GameStop’s soaring share price.
As we can see from the chart, the market still faces resistance around 38900 and 39220, while the downtrend pressure could move towards the target of 37700.
Above 39220, more advance toward 39750 could occur.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38400 | 38900 |
| LEVEL2 | 38000 | 39220 |
| LEVEL3 | 37700 | 39750 |
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