The Dow Jones index is currently in a general uptrend, with a downward corrective movement on the hourly timeframe.
1️⃣ Bullish Scenario:
If we see bullish momentum and the price holds above 45,700, the index may target 46,000, with continued buying pressure potentially opening the way toward 46,200.
2️⃣ Bearish Scenario:
However, if the price remains below 45,600, this could push the index to test the 44,950 area.
1️⃣ Bullish Scenario:
If we see bullish momentum and the price holds above 45,700, the index may target 46,000, with continued buying pressure potentially opening the way toward 46,200.
2️⃣ Bearish Scenario:
However, if the price remains below 45,600, this could push the index to test the 44,950 area.
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.