As we see over our previous chart, the Dow faces the chance for a correction, as long as the market remains below 48000 as the support of 47000 could keep the advance wave ongoing.
Prices managed to test the first support yesterday around 47370.
Above 48000 more advance toward 48500 could hit the market.
Below 47000 more of a drop toward 46400 is likely with Intraday support at 47370.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 47370 | 48000 |
| LEVEL2 | 47000 | 48500 |
| LEVEL3 | 46400 | 49000 |
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