Dow Jones Watching 46,250 Support for Potential Continuation
Hey Traders, in today’s trading session we are monitoring US30 for a potential buying opportunity around the 46,250 zone. The Dow Jones is trading in an uptrend and currently in a correction phase, with price moving toward this key support/resistance level.
Structure: The broader trend remains bullish, with pullbacks serving as corrections within the uptrend.
Key level in focus: 46,250 — an important support zone where price could stabilize and attract buyers.
Next move: Holding above 46,250 could open the door for continuation toward higher highs, while a breakdown would suggest a deeper retracement.
Trade safe,
Joe.
Structure: The broader trend remains bullish, with pullbacks serving as corrections within the uptrend.
Key level in focus: 46,250 — an important support zone where price could stabilize and attract buyers.
Next move: Holding above 46,250 could open the door for continuation toward higher highs, while a breakdown would suggest a deeper retracement.
Trade safe,
Joe.
Trade active
Dow Jones broke above 46,700 resistance... i will be watching a potential retrace from there!
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Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.