
The Dow managed yesterday to break below the 45100 support, which could push prices further down.
As we see from the Intraday chart, prices face a resistance zone around 45320-70, where as long as the market remains below it, a further drop will be expected. Support at 44570 could give a chance for a rebound towards the 44900-45000 zone.
Below 44570 more of a drop could hit the market with the second support zone at 43300-500.
Above 45370, prices could have the chance for an advance with resistance around 45750.
SUPPORT | RESISTANCE | |
LEVEL1 | 44570 | 45320-70 |
LEVEL2 | 43900 | 45750 |
LEVEL3 | 43300-500 | 46000 |
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