The Dow managed to break below the support of 42140 two days ago and managed to drop towards the target of 41600-700.
Prices today broke below the support of 41600 on the Trump announcement that 50% tariffs on Europe start from the 1st of June.
As we see over the chart, the market is facing resistance around 4200-100 with support around 40800-900.
Below 40600 more of a drop toward 39700-800 will be expected.
Above 42100 more advance is likely with resistance at 42835-75.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 40800-900 | 41500 |
| LEVEL2 | 40600 | 42000-100 |
| LEVEL3 | 39700-800 | 42400 |
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