Dow Jones faces selling pressure 3/1/2025

The Dow Jones Industrial Average suffered significant losses on Wall Street as we expected, exceeding the required downside targets at 42560, recording 42463.

Technically, today we are leaning towards the negative side, relying on the negative pressure coming from the 50-day simple moving average, in addition to the clear negative signals on the Stochastic indicator.

With the stability of intraday trading below the resistance level of 42880 and most importantly 42920, the downside trend remains the most preferred, targeting 42385, and breaking it will extend the index’s losses, so we will be waiting for 42030.

We remind you that exceeding upwards and confirming the breach of 42920 will activate the proposed scenario and the index will recover to visit 43170.

Warning: The risk level is high amid the ongoing geopolitical tensions, and all scenarios may be possible.

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: 42385	R1: 43170
S2: 42030	R2: 43600
S3: 41600	R3: 43950