The Dow tested the resistance zone at 52700-800, which still holds the market down.
As long as prices hold below this resistance, a drop correction toward 51000 is likely.
Above 52935 more advance toward 53700 is likely.
The market has so far hit a drop wave toward the 51500 zone.
| SUPPORT | RESISTANCE | |
|---|---|---|
| LEVEL1 | 51360 | 51800 |
| LEVEL2 | 51000 | 52500 |
| LEVEL3 | 50520 | 52800 |