The Dow passed above 53000 and then reversed after President Donald Trump declared the ceasefire between the US and Iran over.
If the escalation continues, we could witness more drop pressure over market with supports at 51290 and 50500-600.
Above 53335 the advance scenario could return toward 54000.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 52000 | 52700 |
| LEVEL2 | 51290 | 53335 |
| LEVEL3 | 50500-600 | 54000 |