Our previous outlook for the Dow still stands.
The Dow broke above the 50000 resistance level, which may support a move toward the 53000 zone.
As long as prices stay above 50000, the bullish move may continue toward 53000.
A break below 50000 could lead to a drop toward 48500.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 50000 | 51260 |
| LEVEL2 | 49100 | 51700 |
| LEVEL3 | 48500 | 52400 |
