The Dow Jones Index has bounced from the 43,350 support after a sharp decline, currently trading near 44,000, testing nearby resistance.
🔹 Bearish Scenario:
If the price fails to break above 44,200 and selling pressure resumes, a drop below 43,800 could push the index back toward the 43,350 support area.
🔹 Bullish Scenario:
If the index breaks and holds above 44,200, the bullish move may continue toward 44,700, with further potential toward the 45,150 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 the price fails to break above 44,200 and selling pressure resumes, a drop below 43,800 could push the index back toward the 43,350 support area.
🔹 Bullish Scenario:
If the index breaks and holds above 44,200, the bullish move may continue toward 44,700, with further potential toward the 45,150 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.