The Dow managed to hit the targets of 48000 and 48420 and added more advance.
As we see from the previous chart, prices face a support zone around 48000-300 which was tested last Friday.
If the market holds above this zone, then the advance wave could expand toward 49400-500.
Below 48000 more of a drop will be expected with support at 47500-600.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 48000-300 | 48850 |
| LEVEL2 | 47500-600 | 49400-500 |
| LEVEL3 | 47090 | 49900 |
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