The Dow fell toward the target at 51300 and below.
As seen on the chart, the Dow still faces support at 50520. As long as the market holds above this zone, a rebound correction toward 52800-900 is possible.
Below 50520 more drops toward 49700 and 49000 are likely.
| SUPPORT | RESISTANCE | |
|---|---|---|
| LEVEL1 | 50520 | 51480 |
| LEVEL2 | 49700 | 52000 |
| LEVEL3 | 49000 | 52800-900 |