The Dow managed to fall below the 40000 support level which could be the first alert of another drop.
As we see on the chart, Intraday levels are showing support trends around 39600-700.
Below 39600 more of a drop toward 39000 will be expected
SUPPORT | RESISTANCE | |
LEVEL1 | 39600-700 | 40220 |
LEVEL2 | 39000 | 40500-50 |
LEVEL3 | 38500 | 41000 |
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