
The Dow managed to meet the target of 42600-700 today.
The index held above the support of 41850 and hit the targets 42435 and 42600-700.
As we see over the chart, prices could head for another drop swing inside this trading zone as long as prices keep holding below 42600-700.
Above 42700 more advance will be expected with resistances around 42875 and 43200.
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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