Forex Trading Library

Dow Jones – 22.07.2024

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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

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