The Dow managed to break below a short-term uptrend which could lead to a further drop.
As we see over the chart, the market is facing resistances at 52700-800 and 53340, where as long as prices hold below one of those levels, more of a drop is likely with supports at 51480 and 51290.
Above 53340 the market could add more value.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 52000 | 52700-800 |
| LEVEL2 | 51480 | 53340 |
| LEVEL3 | 51290 | 53825 |