Dow managed to maintain it’s uptrend wave as we discussed last week. It managed to close and hit it’s target of 25980 as we see from our previous chart.
Short-Run indicates a resistance level at 25980 where, as long as the market holds below, creates a chance for a drop correction with trading zones between resistance level 25980 and support level 25600.
Above 25980 the market may head for further advance toward the 26200 zone.
| Support | Resistance | |
| Level 1 | 25890 | 25980 |
| Level 2 | 25710 | 26080 |
| Level 3 | 25600 | 26200 |