The Dow has begun to show weakness in reflection of a Rising Wedge formation.
As we see over the chart, the market is facing resistance around 46125-225, and if prices remain below it, more of a drop towards 45600 and 44925 will be expected.
Above 46225, more advance to re-test the resistance zone of 46450-700 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 45600 | 46125-225 |
| LEVEL2 | 44925 | 46450-700 |
| LEVEL3 | 44570 | 47100 |