The Dow met the target of 40800-900 and is now at risk for a correction which could hit toward the 40400 and 40000 levels.
As we see on the chart and as long as the market keeps trading below 41000, this correction could happen at any time.
Above 41000, a chance for further advance could hit the market with resistances at the 41400 zone and 41800.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 40400 | 41000 |
| LEVEL2 | 40000 | 41400 |
| LEVEL3 | 39600 | 41800 |
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The post Dow Jones – 20.08.2024 appeared first on Orbex Forex Trading Blog.
