Dow Jones – 18.07.2024

Dow Jones – 18.07.2024

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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