The Dow fell below 41800 yesterday which could put pressure on the market.
As we see over the chart prices facing the first resistance around 42050, where as long as the market holds below, more of a drop will be expected towards 41440.
Above 42050 more advance to test 42300-50 is likely which in turn could push for a correction.
SUPPORT | RESISTANCE | |
LEVEL1 | 41700 | 42050 |
LEVEL2 | 41440 | 42300-50 |
LEVEL3 | 41000 | 42600 |
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