Dow Jones Reaches the Goal as Upside Momentum Slows 2/6/2026

The Dow Jones Industrial Average continued its strong positive performance during Wall Street trading, in line with our previous expectations. It successfully reached the official target of 51,265 points, hitting a high of 51,384 points before some signs of slowing down began to appear in intraday movements.

Technical Outlook for Today’s Session – 4-Hour Timeframe:

In intraday trading, the index encountered strong resistance near 51,160 points. This area prompted a limited pullback and profit-taking after the recent strong gains.

The Relative Strength Index (RSI) is also showing clear negative signals after entering overbought territory. This could lead to a limited downward correction or a sideways movement aimed at alleviating the overbought conditions and regaining momentum before attempting to resume its upward trend.

Bearish Scenario (likely):
Trading holding above the 51060 resistance level supports the possibility of a downward trend, targeting 50730 as the first target, followed by 50550.

Positive Scenario:
Conversely, a return to trading and stability above the 51070 level could lead the index to gains, targeting 51295 and then 51400.

Caution: The risk level is high amid ongoing trade and geopolitical tensions, and all scenarios remain possible.

Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.

S1: 50735	R1: 51295
S2: 50500	R2: 51620
S3: 50180	R3: 51855