Dow Jones on The Downside

Negative trading dominated the moves of the Dow Jones Industrial Average within the expected bearish path in the previous analysis, touching the required target at 26360, posting a low at 25950.

Technically, we expect a bearish bias today, with trading consolidating below 26650, in addition to the RSI stabilizing below its midline, gaining bearish momentum over the short time intervals.

The bearish trend is likely, knowing that confirming a break of 2595 will extend losses and pave the way directly towards 25710 and may extend later towards 25610.

The return of stability above 26650 delays chances for a decline, and we may witness a re-test of 27110, then 27340.

Warning: Risk level may be high.

S1: 25710	R1: 26560
S2: 25405	R2: 27105
S3: 24860	R3: 27410