The Dow passed above the resistance 46900 which led to an advance after the US and Iran agreed to a two-week ceasefire.
As we see over the chart, the resistance zone is around 48000-220 whilst support at 46800-900 could hold the market inside this trading zone.
Above 48220 more advance toward 49000 could hit the market.
Below 46800 more of a drop is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 47400 | 48000-220 |
| LEVEL2 | 46800-900 | 49000 |
| LEVEL3 | 45730 | 49450 |