Dow exactly made a high at 16,174. We initiated a sell call at 16,200 for the targets 15,800 on 2nd Dec. Dow made low 15,794 and closed at 15,892. Next fall could happen only below 15,800. Thus, it will break the trend line. Now resistance comes at 15,960.
Levels to watch - support 15,800.
Resistance - 15,960 above that 16,200.
If Dow closes above 16,200, the final rally will start again for 16,700.
Close below 15,800 could lead a fall up to 15,300 which is a crucial level for bulls.