The Dow managed to break above 41000 and advanced toward the first target of 41400 with the second target being 41800.
As we see over the chart, prices face support around 40700-800, and if prices hold above it, the advance wave could sustain toward 41800.
Below 40700 more of a drop toward 40400 and 40000 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 40700-800 | 41400 |
LEVEL2 | 40400 | 41800 |
LEVEL3 | 40000 | 42200 |
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