As we see over the chart, the Dow dropped as the market still holds above the uptrend line support of 42000.
As long as the market holds above 42000, a rebound toward the 42600-700 resistance zone will be expected.
Below 41800 more of a drop toward 41440 and below is likely.
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SUPPORT | RESISTANCE | |
LEVEL1 | 42000 | 42600-700 |
LEVEL2 | 41800 | 43000 |
LEVEL3 | 41440 | 43340 |
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