Technical Analysis: Dow Jones - Wednesday, Oct. 22
The Dow managed to print few points above the resistance of 47100, which could lead to a further advance.
As we see from the Intraday chart, the market is facing support around the 46500-600 zone, where if prices hold above it, more advance towards 47500 and 47800 will be expected.
Below 46500 more of a drop is likely with support at 45940.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 46500-600 | 47100 |
| LEVEL2 | 45940 | 47500 |
| LEVEL3 | 45400 | 47800 |
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