The Dow managed to meet the target at 47000.
The Dow managed to meet the target at 47000.
As we see over the Intraday chart, the market is facing a resistance zone at 47215-450, and if prices remain below it, more of a drop will be expected with supports at 46300 and 45700.
Above 47450 more advance will be expected with resistance at 48220.
SUPPORT | RESISTANCE | |
LEVEL1 | 46300 | 47215 |
LEVEL2 | 45700 | 47450 |
LEVEL3 | 45135 | 48220 |
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