Forex Trading Library

Dow Jones – 29.07.2024

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The Dow managed to advance above the 40500-50 resistance which could push for a further advance toward 41100.
As we see on the Intraday levels chart, prices are facing support around 40400-50 where as long as the market holds above this support, the advance wave toward 41100 could continue.
Above 41100 the market could add more advance toward the 41400-500 zone.
Below 40400 more of a drop could hit the market with the second support of 39800-900 pushing for another advance.

SUPPORT RESISTANCE
LEVEL1 40400-50 41100
LEVEL2 39800-900 41400-500
LEVEL3 39200 42000

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