The Dow managed to sustain trades above the 38900 support and rebounded toward 39450 in the last few trading days.
As we see over the Intraday chart, the first support is at 38900 which could see some rebound correction and maybe higher toward 39750.
Below 38900, more of a drop will be expected to test the support trend 38550-600 which in turn could activate another rebound movement.
Below 38500 more of a drop toward 37700 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 39260 | 39600 |
LEVEL2 | 38900 | 39750 |
LEVEL3 | 38600 | 40095 |
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