The Dow managed to pass above 52935 and advanced toward the target at 53700.
As we see on the chart, the market faces resistance at 53700 while support is at 52700-800, which may create a trading zone here.
Above 53700 a chance for further advance toward the all-time high at 54700 is likely.
Below 52700 more drops toward 51300 are likely.
| SUPPORT | RESISTANCE | |
|---|---|---|
| LEVEL1 | 53200 | 53700 |
| LEVEL2 | 52700-800 | 54200 |
| LEVEL3 | 52000 | 54700 |