
The Dow tested the resistance trend at 45700-50 last Friday before hitting a correction towards the 45200 zone.
As long as the market keeps holding below the resistance trend of 45700-50, another drop will be expected with support at 44570 will maintain the chance for another rebound.
Above 45750 more advance will be expected with resistances at 46000 and 46300.
SUPPORT | RESISTANCE | |
LEVEL1 | 45200 | 45700-50 |
LEVEL2 | 44900 | 46000 |
LEVEL3 | 44570 | 46300 |
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