As projected last week and as we see on our previous chart, the Dow managed to sustain trades above the 38900 support and rebounded toward 39450.
The Intraday chart shows the first support laying at 38900, which could keep the chance for rebound correction and a higher push toward 39750.
Below 38900, more of a drop will be expected to test the support trend 38550-600, which in turn could activate another rebound movement.
Below 38500, more of a drop toward 37700 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38900 | 39220 |
| LEVEL2 | 38600 | 39600 |
| LEVEL3 | 38000 | 39750 |
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