The Dow Jones Industrial Average traded with a positive bias on Wall Street, posting a high of 46,655. Technical Outlook – 4-Hour Timeframe The 50-period Simple Moving Average (SMA) continues to support the prevailing daily uptrend, reinforcing the bullish structure. At the same time, the RSI is attempting to generate …
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The index extended losses as mapped in the prior view: the 46,260 break unlocked 46,140, then sellers pressed toward 45,785/45,780. Technical outlook 50-SMA (4H): Rolling over above price as a descending ceiling, reinforcing the broader downtrend. RSI: Firmly negative, adding to downside pressure. Base case (bearish while below 46,230) Maintaining …
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After several down sessions, the index attempted a rebound, reaching a 46,516 high. Technical outlook 50-SMA (4H): Rolling over above price as a descending ceiling, consistent with the broader daily downtrend. RSI: Trying to stabilize around the 50 line, but positive momentum is not yet confirmed. Trade map (wait for …
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The index logged sharp losses in the week’s first session, posting a 46,397 low. Technical outlook 50-SMA (4H): Rolling over above price and acting as a descending ceiling (dynamic resistance), reinforcing the daily downtrend. RSI: Remains negative despite oversold readings, underscoring strong near-term bearish momentum. Base case (bearish while below …
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The index logged sharp losses in the week’s first session, posting a 46,397 low. Technical outlook 50-SMA (4H): Rolling over above price and acting as a descending ceiling (dynamic resistance), reinforcing the daily downtrend. RSI: Remains negative despite oversold readings, underscoring strong near-term bearish momentum. Base case (bearish while below …
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The Dow Jones Industrial Average (DJI30) suffered sharp losses on Wall Street, impacted by widespread profit-taking after a record-breaking rally. Technical Outlook for Today’s Session – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) supports the upward trend and acts as a support level, attempting to push the price higher. …
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The index pushed to a record high at 48,089. Technical outlook 50-SMA (4H): Trending beneath price, reinforcing the uptrend as dynamic support. RSI: Remains constructive, signaling scope for further upside. Base case (bullish continuation) A clean break/hold above 48,090 would likely extend gains toward 48,300, then 48,470. Alternative / pullback …
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The index extended its anticipated decline, posting a 46,895 low. Technical outlook 50-SMA (4H): Now above price and acting as dynamic resistance, limiting recovery attempts. RSI: Still negative; trying to unwind oversold, but momentum remains fragile. Base case (bearish while below 47,240) Maintaining trade beneath 47,240 keeps the downside in …
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The index faded in the prior session after failing to confirm a breakout above 47,820, shifting the near-term bias to the downside. Technical outlook 50-SMA (4H): Has rolled over above price and now acts as dynamic resistance. RSI: Turning lower with negative signals, though attempting to unwind oversold readings. Base …
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Price action has been choppy, but a short-term upward rebound has emerged. Technical outlook 50-SMA (4H): Continues to underpin price. RSI: Back above 50, signaling improving momentum. Base case (intraday bullish trigger) A clear break and hold above 47,800 would tilt bias higher toward 47,850, then 47,920. Alternative / downside …
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