The Dow is making its way towards our short support target at 27700 after the S&P 500 failed to top all time highs, lifted by NVDIA and technology stocks, amidst an ongoing impasse of U.S. stimulus talks and rising U.S.-China tensions as we look for an hourly close below 27700 and the 200 period SMA to open the door to lower prints with 27550 as closest target.
Support: 27700 / 27550
Resistance: 28000 / 28150
