Holding above this level could trigger algorithmic buying, pushing futures toward retesting the 38,700 resistance in upcoming sessions. At present, cyclical stocks are undervalued relative to growth stocks. Technically, at its current level of 37,806.39, the Dow — popularly known as the blue-chip Index of Wall Street — is well above its 50-day and 200-day moving averages of 36,566.89 and 34,672.34, respectively. Following a report Wednesday that the U.S. goods trade deficit swelled to a record $162 billion in March, the view on the gross domestic product report turned sour. Dow futures live stream charts highlight a technical support zone at 38,
