Dow Jones – 22.07.2024
![Dow Jones – 22.07.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/07/22162224/dow-chart-22-07-2024-750x430.png)
The Dow managed to break below the first support of 40500-50 while market still facing a second support around the 40000-100 zone.
As we see over the chart and as long as the market holds above the support 40000-100, a chance for another advance wave toward 42000 is still valid.
Below 40000 more of a drop will be expected toward the 39100 zone with Intraday support around 39600-700.
SUPPORT | RESISTANCE | |
LEVEL1 | 40000-100 | 40600-800 |
LEVEL2 | 39600-700 | 41300-400 |
LEVEL3 | 39100 | 41800 |
Join our responsible trading community - Open your Orbex account now! |