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 the market is still looking towards the 49500-600 zone.
Intraday levels show the first support at 48760-880, and if prices remain above it, the target is still towards 49500-600.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 48760-880 | 49500-600 |
| LEVEL2 | 48300 | 50000 |
| LEVEL3 | 47600 | 50500 |
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