Dow Jones 200 SMA support holds for nowWall Street CFDFOREXCOM:US30FOREXcomAfter running into resistance at the 50,520 record high, the Dow Jones pulled back, breaking below its 50-day SMA before finding support at the 200-day SMA around 46,400. Prices have since recovered from this low, but the bearish bias remains intact, with the index still trading below its falling trendline. Sellers will need to break below 46,400 to extend losses toward 45,700 (the November low) and 45,200 (the October low). If the 200-day SMA support holds, buyers will look for a move above the falling trendline at 47,750, followed by resistance at 47,900. FC