๐ DOW JONES 1H ANALYSIS โ JULY 17, 2025
๐ Tracking structure | key levels | trade ideas
๐น Current Price: 44,248
๐ Timeframe: 1H
๐ Bias: Neutral โ Short-term bullish โ
๐ MARKET STRUCTURE UPDATE:
Price held strong at 43,929 โ key support from earlier July lows ๐
After a deep pullback from 44,800s, weโre seeing a bounce with price reclaiming the 21 & 50 EMA ๐ง
This signals short-term buyer momentum stepping in โ but caution: weโre still trading below key resistance ๐
๐น KEY LEVELS TO WATCH:
Support:
๐ข 43,929 โ major bounce zone (held)
๐ข 44,182 โ short-term EMA support
Resistance:
๐ด 44,523 โ former support, now flipped resistance
๐ด 44,555 โ breakdown origin
๐ด 44,857 โ major supply zone top
๐ก TRADE SCENARIOS:
๐ผ Bullish Case:
If price holds above 44,200 and pushes through 44,523โ44,555, we likely see 44,700+ retest ๐ฅ
A breakout + hold above 44,555 = trend shift confirmed ๐
๐ฝ Bearish Case:
If rejection at 44,523/555 holds, watch for rotation back to 44,000 โ 43,929
Below 43,929 = possible slide to 43,700โ43,600 demand ๐จ
๐ Tracking structure | key levels | trade ideas
๐น Current Price: 44,248
๐ Timeframe: 1H
๐ Bias: Neutral โ Short-term bullish โ
๐ MARKET STRUCTURE UPDATE:
Price held strong at 43,929 โ key support from earlier July lows ๐
After a deep pullback from 44,800s, weโre seeing a bounce with price reclaiming the 21 & 50 EMA ๐ง
This signals short-term buyer momentum stepping in โ but caution: weโre still trading below key resistance ๐
๐น KEY LEVELS TO WATCH:
Support:
๐ข 43,929 โ major bounce zone (held)
๐ข 44,182 โ short-term EMA support
Resistance:
๐ด 44,523 โ former support, now flipped resistance
๐ด 44,555 โ breakdown origin
๐ด 44,857 โ major supply zone top
๐ก TRADE SCENARIOS:
๐ผ Bullish Case:
If price holds above 44,200 and pushes through 44,523โ44,555, we likely see 44,700+ retest ๐ฅ
A breakout + hold above 44,555 = trend shift confirmed ๐
๐ฝ Bearish Case:
If rejection at 44,523/555 holds, watch for rotation back to 44,000 โ 43,929
Below 43,929 = possible slide to 43,700โ43,600 demand ๐จ
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.