The Dow Jones is approaching a resistance level at 38065. Should it surpass this threshold, the bullish trend is expected to continue till 38385. However, if the price stabilizes below 38065, it is likely to retreat towards 37790. A breach of this level would further reinforce a bearish trajectory, potentially leading the index down to 37630.
The movement range will be between support 37620 and Resistance 38385
previous idea:
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The price dropped as we mentioned in the previous idea, so now will consolidate between 37960 and 37620 till breaking
but more have a bearish trend especially if can stabilize under 37960, closing 1h or 4h candle under 37620 means will trade at the bearish trend to get 37120