Dow Jones – 18.07.2024
![Dow Jones – 18.07.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/07/18160604/dow-chart-18.07.2024-750x430.png)
The Dow managed to pass the 41000 level as the market still holds an uptrend wave.
The market may head for a correction toward the 40700 zone before advancing again toward 41000 and 42000.
Below 40700, more of a drop to test the second support at 40400-50 is likely, which in turn could activate an advance wave.
Below 40400, more of a drop towards 39600 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 40700 | 41000 |
LEVEL2 | 40400-50 | 41500 |
LEVEL3 | 39600 | 42000 |
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