The Dow Jones held above the 41825 support, creating a trading zone up to 42200, as we previously advised.
Intraday levels show support around 42070, and as long as the market holds above this level, there is potential for further gains toward 42600 and higher.
Below 42070, a decline could target the 41825 support zone, which may prompt a rebound correction. Below 41825, further declines toward 41440 are expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 42070 | 42400 |
LEVEL2 | 41825 | 42600 |
LEVEL3 | 41440 | 43000 |
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