The Dow managed to break above the resistance of 39875 and managed to hit a high of 40748.
As we see over the chart the market could move between the supports levels of 39850 and 39450 and the resistance zone of 40800-900.
Above 40900 more advance will be expected with resistance around 41400.
Below 39450 the market could start a new downtrend wave toward 38400 and below.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 40300 | 40800-900 |
| LEVEL2 | 39850 | 41400 |
| LEVEL3 | 39450 | 41800 |
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The post Dow Jones – 19.08.2024 appeared first on Orbex Forex Trading Blog.
