We still holding our previous model for the last two weeks as we see over our previous chart.
The Dow managed to maintain trades above the support 43700 and managed again to rebound toward 44500 and above.
As long as the market keeps holding above 43700 the advance wave could expand toward 45100 and 45600.
Below 43700 more of a drop will be expected with next support at 42970.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 43700 | 44625 |
| LEVEL2 | 43220 | 45100 |
| LEVEL3 | 42970 | 45600 |
Join our responsible trading community - Open your Orbex account now!