Dow jones - Correction could trigger

• Dow was trading in a channel with signs of distribution. Dow gave a close below this channel.
  
  33500-33700 is immediate support area. Considering all global cues like Russia-Ukraine tension, US inflation is 40 years high, Protests in NZ - I think this support will not sustain this time.
  
  33300 is the next big support after this range.
  
  Dow jones could show 30600 levels if 33300 levels are broken decisively.