Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Dow Jones Industrial Average (DJIA) Technical Analysis
The Dow Jones Industrial Average ended last week’s trading with mixed movement, slightly leaning toward the negative side.
Technical Outlook:
- Bullish Scenario:
- Simple moving averages continue to provide upward pressure.
- Stochastic indicator is attempting to gain positive momentum, which could push the index higher.
- Key levels to watch:
- Stability above 44680 and 44710 may open the door for an advance toward 44840, 45000, and possibly 45120.
- Bearish Scenario:
- A break below 44550 could halt the bullish momentum, exposing the index to strong downward pressure toward 44430 as the first bearish target.
Market Risks & Considerations:
- US President Donald Trump’s speech may lead to sharp market fluctuations.
- Global trade tensions remain a risk factor, increasing uncertainty in market movements.
⚠ Risk Warning: Market conditions remain highly volatile, and all scenarios are 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: |