Dow Jones – 12.08.2024

Dow Jones – 12.08.2024

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

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