The Dow managed to hit a rebound as the market sustained trades above the support trend as we see on the chart.
Prices still face the Intraday resistance around 40500-50 which could keep this trading zone toward support 39800-50.
Above 40550 more advance toward 41100 could hit the market.
Below 39800 more of a drop toward 39100-200 is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 39800-50 | 40500-50 |
LEVEL2 | 39500 | 40750 |
LEVEL3 | 39100 | 41100 |
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