The Dow Jones index opened the day with bullish momentum and is currently trading near 44,500.
🔻 Bearish Scenario:
If the price fails to break above 44,500 and selling pressure returns, a break below 44,200 could push the index back toward 44,000, which is a key support in the short term. A confirmed break below that level may open the way for a drop toward 43,700.
🔺 Bullish Scenario:
If the price breaks and holds above 44,500, which is the more likely scenario, we could see continued upside movement toward 44,700, followed by the strong resistance zone at 45,000.
⚠️ 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 the price fails to break above 44,500 and selling pressure returns, a break below 44,200 could push the index back toward 44,000, which is a key support in the short term. A confirmed break below that level may open the way for a drop toward 43,700.
🔺 Bullish Scenario:
If the price breaks and holds above 44,500, which is the more likely scenario, we could see continued upside movement toward 44,700, followed by the strong resistance zone at 45,000.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.