The Dow managed to rebound after last Monday’s sell off and managed to enter the resistance zone of 39475-875.
As we see on the chart, resistance is showing around 39475-875 which could re-activate the downtrend pressure for a drop toward 38000-100 and below.
Above 39875 an advance toward 40800 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 39200 | 39800-900 |
| LEVEL2 | 38700-800 | 40350 |
| LEVEL3 | 38300-400 | 40800 |
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The post Dow Jones – 12.08.2024 appeared first on Orbex Forex Trading Blog.
