As we advised in the last two weeks and as we see over our previous chart
Dow managed to hold trades below resistance 40915 while managed to fell toward 38766 so farand closing from support and target 38425
As we see over the chart and as long as market keep holding trades below 40915 resistance the downtrend wave still ongoing for farher drop toward 37400-500 and below
Above 40915 more advance to test 41800-900 may hit the market which in turn may push for another drop wave
| SUPPORT | RESISTANCE | |
| LEVEL1 | 38425 | 39050 |
| LEVEL2 | 37750 | 39450 |
| LEVEL3 | 37400 | 39700 |
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