The Dow managed to rebound after this Monday’s sell off to hit 39475.
As we see over the chart, the resistance zone is around 39475-875 and if prices remain below it, the downtrend pressure will sustain for a drop toward 38000-100 and below.
Above 39875 an advance toward 40800 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38380 | 38930-50 |
| LEVEL2 | 38000 | 39475 |
| LEVEL3 | 37700 | 39875 |
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The post Dow Jones – 08.08.2024 appeared first on Orbex Forex Trading Blog.
