US30 | CPI and Geopolitics Set to Drive Today's Direction
The Dow Jones is expected to experience high volatility as investors await today's U.S. Consumer Price Index (CPI) report while continuing to monitor geopolitical developments in the Middle East.
The inflation data is expected to play a key role in shaping expectations for the Federal Reserve's ne
Bullish US30H4 CHART
- Trend : Bullish
As we now , the overall market direction is bullish.
But the market is currently under correction phase.
We have 2 possible scenarios:
1 . With the price currently at 53,471.9 If the price breake above 53,517 (yellow line) which is the previous high at the H4 , we w
US30 (Dow Jones) 4H: Liquidity Sweep Within Ascending ChannelUS30 (Dow Jones) 4H Timeframe Analysis
The price is currently trending within a clear ascending channel. After testing and rejecting the upper boundary of the channel, the market is retracing to lower levels in order to grab liquidity.
Our primary area of interest is the highlighted green zone. On
The Pullback That FOOLS Most TradersOne of the simplest ways I teach traders to identify a trend is to look at the direction of price.
If price is moving from the bottom-left to the top-right, you're looking at a bullish trend.
Simple.
And sometimes keeping things simple is exactly what we need because the more we learn about tradi
DOW JONES 4-year Resistance signaling a 1W MA100 correction nextDow Jones (DJIA) has been trading within a 4-year Channel Up whose 0.786 Fibonacci level got hit at the start of the month and got rejected. This week's red 1W candle is the 2nd straight with high probabilities of extending this downtrend into a stronger technical correction.
The reason is that the
DOW JONES 4-month Channel Up looking for its 1D MA50.Dow Jones (DJIA) has been trading within a Channel Up in the past 4 months and is currently on a price rejection following the August 05 Higher High. Within this pattern, such rejections have always resulted into 0.5 Fibonacci tests.
If repeated, Dow could hit 53060 this month and even test its 1D
Bearish drop off?DJ30 has reacted off the resistance level, which is a pullback resistance and could drop from this level to our take profit.
Entry: 53,812/70
Why we like it:
There is a pullback resistance level.
Stop loss: 54,792.72
Why we like it:
There is a pullback resistance level.
Take profit: 52,842.71
Why
See all ideas
Displays a symbol's value movements over previous years to identify recurring trends.
Frequently asked questions
Dow Jones Industrial Average Index reached its highest quote on Aug 5, 2026 — 54,734.7 USD. See more data on the Dow Jones Industrial Average Index chart.
The lowest ever quote of Dow Jones Industrial Average Index is 18,191.3 USD. It was reached on Mar 23, 2020. See more data on the Dow Jones Industrial Average Index chart.
Dow Jones Industrial Average Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Dow Jones Industrial Average Index futures or funds or invest in its components.









