Forex Trading Library

Dow Jones – 14.08.2024

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The Dow managed to rebound after last Monday’s sell off and entered the resistance of zone 39475-875.

As we see on the chart, prices show resistance around 39475-875 which could re-activate the downtrend pressure for a drop toward 38000-100 and even lower.

Above 39875, a further advance toward 40800 will be expected.

SUPPORT RESISTANCE
LEVEL1 39200 39800-900
LEVEL2 38700-800 40350
LEVEL3 38300-400 40800

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