Dow Jones 02.08.2024
The Dow managed to hit the target of 41100 before heading for another correction.
As we see on the chart, the market is facing the first support at around 39800-900. If prices remain above it, another rebound toward 41000 could occur.
Below 39800 more of a drop to test the 39200-300 zone could hit the market which in turn could push for a rebound.
SUPPORT | RESISTANCE | |
LEVEL1 | 39800-900 | 40400-50 |
LEVEL2 | 39200-300 | 41000 |
LEVEL3 | 38700 | 41400-500 |