The Dow hit our long entry resistance target at 30000, ending yesterday’s session on a record high close at 29988 as investors welcomed positive trial data news out of Moderna’s vaccine, with the added bonus of solving Pfizer’s deep freeze problem. Technically, the 30000 mark has confirmed strong resistance, and failure to print below 29800 in today’s session will favor record high prints.
Support: 29697/ 29600
Resistance: 30000/30400
