Forex Trading Library

Dow Jones – 16.10.2024

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As we see on our previous chart, the Dow fell below 42900-43000 and printed a low of 42689.

The market managed so far to sustain trades above the second support of 42650 which could keep the advance wave ongoing toward 43400.

Below 42650 a chance for a further drop could occur with support around 42300 and 41825.

SUPPORT RESISTANCE
LEVEL1 42650 43200
LEVEL2 42300 43400
LEVEL3 41825 43800

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