The Dow managed to meet the target of 47000 a few days ago.
As we see over the chart, the market is facing support at 46400-650, which if managed to hold above it, the advance wave could return towards 48000 and 48500.
Below 46400 more of a drop towards the 45400-500 zone will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 46400-650 | 47450 |
| LEVEL2 | 45850 | 48000 |
| LEVEL3 | 45400 | 48500 |
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