The Dow managed to meet the target of 47850 and above.
As we see over the chart, prices face the chance for a correction, as long as the market remains below 48000, as support at 47000 could keep the advance wave ongoing.
Above 48000 more advance toward 48500 is likely.
Below 47000 more of a drop toward 46400 is expected with Intraday support at 47370.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 47370 | 47950-48000 |
| LEVEL2 | 47000 | 48500 |
| LEVEL3 | 46400 | 49000 |
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