
The Dow managed to hold above the support at 41850 and managed to move above 42435.
As we see over the chart, the market managed to re-test the support zone of 41800-50 where as long as prices hold above it, a chance for another rebound toward 42600 could hit the market.
Below 41800 more of a drop is likely with supports around 41450 and 40600-700.
SUPPORT | RESISTANCE | |
LEVEL1 | 41800-50 | 42600-700 |
LEVEL2 | 41450 | 42875 |
LEVEL3 | 40600-700 | 43200 |
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