US30 OVERVIEW
Dow Jones Maintains Uptrend, Poised for Retest and Potential Extension
Dow Jones futures edged up by 69 points early Wednesday, signaling cautious optimism as investors shifted focus away from technology stocks to kick off the second half of the year.
The price continued its bullish trend until it reached the resistance zone, then reversed for a correction, falling below 44,630. Remaining below this level could extend the correction toward 44,400, which now serves as key support and pivot line for confirming a bearish trend.
As long as the index trades above 44400, the bullish trend remains intact, targeting 44,630, and potentially crossing the resistance zone within 44760 and 44920.
Resistance Levels: 44,630 → 44760 → 44920.
Support Levels: 44400 → 44120 → 43960.
Dow Jones Maintains Uptrend, Poised for Retest and Potential Extension
Dow Jones futures edged up by 69 points early Wednesday, signaling cautious optimism as investors shifted focus away from technology stocks to kick off the second half of the year.
The price continued its bullish trend until it reached the resistance zone, then reversed for a correction, falling below 44,630. Remaining below this level could extend the correction toward 44,400, which now serves as key support and pivot line for confirming a bearish trend.
As long as the index trades above 44400, the bullish trend remains intact, targeting 44,630, and potentially crossing the resistance zone within 44760 and 44920.
Resistance Levels: 44,630 → 44760 → 44920.
Support Levels: 44400 → 44120 → 43960.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.