The Dow tested the 41825 support level and rebounded, as previously mentioned.
On the intraday chart, resistance is seen around the 42200 zone, which may create a trading range towards the 41825 support level.
A break above 42200 could lead to further strength, with resistance levels at 42600 and 43000.
A drop below 41825 could push the market lower, with support at 41440 and 41000.
We are awaiting the U.S. labor market figures.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 41825 | 42200 |
| LEVEL2 | 41440 | 42200 |
| LEVEL3 | 41000 | 43000 |
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The post Dow Jones – 04.10.2024 appeared first on Orbex Forex Trading Blog.
