The Dow failed to breach our 30625 resistance level, correcting towards 30300 support level after Senate Leader Mitch McConnell blocked a quick vote on Trump’s $2000 checks, while the market appears to have resumed trading in a risk on sentiment in early trade today, as we look for an hourly close above 30440 to favor further upside with 30520 as the closest resistance target.
Support: 30440 / 30300
Resistance: 30520 / 30625
