The Dow managed to fall below the support of 44100-200 which could add further pressure to head toward the target of 43300-400.
As we see over the chart, the market is facing the first resistance around 44235, where as long as the market holds below it, more of a drop will be expected toward 43300-400.
Above 44235 a, chance for a rebound toward 44500 and 44900 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 43730 | 44230 |
| LEVEL2 | 43300 | 44500 |
| LEVEL3 | 42900 | 44900 |
Join our responsible trading community - Open your Orbex account now!