The Dow has maintained trades above the main support level of 41825 while rebounding toward the resistance zone of 42100-200.
As long as the market holds below this resistance, another drop correction may occur.
However, while support at 41825 holds, the advance may continue toward 42400 and above. A break below 41825 would lead to further declines toward 41440 and possibly 41000.
SUPPORT | RESISTANCE | |
LEVEL1 | 41925 | 42100-200 |
LEVEL2 | 41825 | 42400 |
LEVEL3 | 41440 | 42600 |
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