The Dow managed to sustain trades above the 38900 support and managed to rebound toward 39450.
As we see on the Intraday chart, the first support is at 38900, which could see a rebound correction and maybe higher toward 39750.
Below 38900, more of a drop will be expected to test the support trend at 38550-600 which in turn could activate another rebound movement.
Below 38500, more of a drop toward 37700 will be expected
SUPPORT | RESISTANCE | |
LEVEL1 | 38900 | 39220 |
LEVEL2 | 38600 | 39600 |
LEVEL3 | 38000 | 39750 |
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