Dow Jones–16.10.2025

 

The Dow managed yesterday to hit around 80 pips above the resistance at 46600, as the market moved back to hit the daily close, which was a sign of a false break.

We still holding our previous outlook for Dow that if prices hold below 46600, this could threaten a bigger drop toward 44570.

Above 46680, the market could add more of a cautious advance with resistances at 47000-100 and 47500.

SUPPORT RESISTANCE
LEVEL1 45970 46600
LEVEL2 45740 47000-100
LEVEL3 45490 47500

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