The Dow managed to swing yesterday with both targets 36600 and rebound toward target 38500-800 and above.
As we see over the chart , the market is facing first Intraday support around 38460 and if prices hold above it, more advance could hit the market with resistance around 39650 which could push for another drop.
Above 39650 this rebound mode could expand toward 40600.
Below 38460 more of a drop could hit the market with supports around 37680 and 36500.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38460 | 39650 |
| LEVEL2 | 37680 | 40100 |
| LEVEL3 | 36500 | 40600 |
Join our responsible trading community - Open your Orbex account now!
