Dow Jones – 12.08.2024
![Dow Jones – 12.08.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/08/12152026/dow-chart-12.08.2024-750x430.png)
The Dow managed to rebound after last Monday’s sell off and managed to enter the resistance zone of 39475-875.
As we see on the chart, resistance is showing around 39475-875 which could re-activate the downtrend pressure for a drop toward 38000-100 and below.
Above 39875 an advance toward 40800 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 39200 | 39800-900 |
LEVEL2 | 38700-800 | 40350 |
LEVEL3 | 38300-400 | 40800 |
Join our responsible trading community - Open your Orbex account now! |