The Dow managed to break below the support of 39800-900 and yesterday met the target of 39200-300.
Prices also managed to break below the support of 39200-300 which placed more pressure over market.
As we see over the chart and as long as the market keeps holding below 39200, the downtrend pressure could sustain towards the 38000-200 zone.
Above 39300 more advance toward 39800-900 is expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38700 | 39200-300 |
| LEVEL2 | 38400 | 39800-900 |
| LEVEL3 | 38000 | 40400 |
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The post Dow Jones – 06.08.2024 appeared first on Orbex Forex Trading Blog.
