The Dow Jones index is currently moving sideways and is trading near the $44,000 level.
🔻 Bearish Scenario:
If selling pressure leads to a break below the $43,800 area, the index may drop to test the $43,300 level, which is considered a critical support in the short term.
🔺 Bullish Scenario:
The price may test PDL (Previous Day Low) at $43,800 as a support zone and bounce upward. If the index breaks and holds above $44,100, this could lead to a continuation toward $44,520, and then to $45,000, a key resistance zone.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
🔻 Bearish Scenario:
If selling pressure leads to a break below the $43,800 area, the index may drop to test the $43,300 level, which is considered a critical support in the short term.
🔺 Bullish Scenario:
The price may test PDL (Previous Day Low) at $43,800 as a support zone and bounce upward. If the index breaks and holds above $44,100, this could lead to a continuation toward $44,520, and then to $45,000, a key resistance zone.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.