Dow Jones Attempts a Cautious Climb 7/8/2025

The Dow Jones Industrial Average saw mixed trading during the previous session, with limited upward attempts amid continued market caution.

Technical Outlook:

The index remains under technical pressure as it continues to trade below key Simple Moving Averages (SMAs), which now act as dynamic resistance. However, the Relative Strength Index (RSI) is showing early signs of recovery, suggesting a possible attempt to regain bullish momentum in the short term.

Probable Scenario:

We maintain a cautiously optimistic outlook as long as the index holds above the critical support level of 44,140. A confirmed breakout above the 44,490 resistance level would likely revive bullish momentum, with the next upside target at 44,665.

Alternative Scenario:

A break below the 44,140 support level, followed by sustained trading beneath it, would likely reintroduce bearish pressure. This could lead to a decline toward the next support zone at 43,950.

Warning:
With heightened trade and geopolitical tensions, risk levels remain elevated. Traders should prepare for increased market volatility and consider both scenarios when planning entries and exits.

Disclaimer: Trading in CFDs carries inherent risks, and all scenarios are possible. This analysis is not investment advice but rather an interpretation of the current technical landscape for the Dow Jones Industrial Average.

S1: 44140	R1: 44490
S2: 43950	R2: 44665
S3: 43780	R3: 44850