The Dow Jones tests critical resistance between 48000 and 48220 after surging past the 46900 mark.
The Dow passed above the resistance 46900 which led to more advance and managed to test the resistance zone of 48000-220.
As we see over the chart, the resistance zone is around 48000-220 whilst support at 46800-900 could hold the market inside this trading zone.
Above 48320 more advance toward 49000 could hit the market.
Below 46800 more of a drop is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 47400 | 48220-320 |
LEVEL2 | 46800-900 | 49000 |
LEVEL3 | 45730 | 49450 |
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