
The Dow advanced above the key resistance of 40915 on big tech earnings.
As we see over the chart, the market managed yesterday to test a downtrend line resistance and target of 41100-200 which could create a correction toward 40600 and 40000.
Above 41200 more advance toward 41800 and maybe 42500 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 40600 | 41100-200 |
LEVEL2 | 40000 | 41800 |
LEVEL3 | 39250 | 42500 |
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