The Dow fell below the support of 46100 last week and managed to accelerate the drop movement toward 45135 before prices rebounded on Trump’s announcement over China.
As we see over the chart, prices face resistance around 46350-600, and if the market remains below 46600, another drop towards the 44570 zone will be expected.
Above 46600 more advance could hit the market with resistance at 47000-100.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 45740 | 46000 |
| LEVEL2 | 45490 | 46350-600 |
| LEVEL3 | 45135 | 47000-100
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