Dow Jones Watching 46,250 Support for Potential ContinuationHey 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.
