The Dow Jones faces intraday resistance at 52150 despite closing near its 52275 target.
The Dow rebounded towards 52150 to close towards the first target at 52275.
As we see over the chart, Intraday resistance is at 52150, and if prices remain below it, the drop pressure could return toward the 50520 zone.
Above 52150 more advance could hit the market with resistance at 52700-800 which could lead to a drop.
SUPPORT | RESISTANCE | |
LEVEL1 | 51600 | 52150 |
LEVEL2 | 51180 | 52700-800 |
LEVEL3 | 50520 | 53825 |
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