We still holding the same outlook for the Dow as the market is still holding above the 47600-700 support.
As we see over the chart, the advance is still ongoing after last Friday’s drop toward 47817, as prices face resistance at 48550 and 48865.
As long as the market holds above 47600-700, the target remains towards 49500-600.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 47600-700 | 48550 |
| LEVEL2 | 47090 | 48865 |
| LEVEL3 | 46300-400 | 49500-600 |
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