Dow Jones –18.12.2024

Dow Jones –18.12.2024

Dow managed to close at 43300-400 yesterday, while the market rebounded as traders look toward the Fed statement today.

As we see over the chart and as long as the market holds above the trend support of 43300-400, prices will have chance for another rebound toward 44235 and 44500.

Below 43300 more of a drop could hit the market with support at 42900.

Below 42900 more of a drop toward 42300 and below will be expected.

SUPPORT RESISTANCE
LEVEL1 43300-400 43750
LEVEL2 42900 43970
LEVEL3 42300 44235

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