Tag Archives: dow

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 …

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 …

The index extended higher in line with our prior bullish view, clearing the earlier target at 48,020 and printing a 48,181 high. Technical outlook 50-SMA (4H): Still trending beneath price, offering support. RSI: Now flashing negative signals on overbought readings, implying scope for a brief pullback to reset momentum. Base …

The Dow extended gains, printing a high at 47,770 in the prior session. Momentum remains constructive. Technical picture The 50-period SMA (H4) continues to slope higher beneath price, offering dynamic support and reinforcing the uptrend. RSI (H4) holds above the midline (50), consistent with positive short-term momentum. Base case (favored)While …

The Dow Jones Industrial Average extended its advance, exceeding the prior target at 47,160 and printing a high at 47,355, keeping the near-term tone constructive. Technical:The 50-period SMA continues to provide a positive impulse, underpinning dips on the 4-hour chart. RSI is holding above the 50 midline, confirming short-term bullish …

The Dow Jones Industrial Average on Wall Street achieved the bullish targets in the previous technical report, surpassing the official stop at 46,840 and recording a high of 46,963. Technical Outlook for Today’s Session – 4-Hour Timeframe: The 50-period simple moving average continues to provide a positive impetus, supporting continued …

The Dow Jones Industrial Average is trading mixed with a positive tilt, as buyers probe higher levels following recent consolidation. Technical:Price is now above the 50-period SMA, which has flipped to dynamic support and aligns with a constructive short-term bias on the 4-hour chart. RSI has turned higher and is …

The Dow Jones Industrial Average is trading mixed with a modest positive tilt, as intraday flows test key resistance zones. Technical:Price is pressing the 50-period SMA near 46,590, attempting to turn it from resistance into support. RSI has started to firm with short-term positive signals, though it remains just below …

The Dow Jones Industrial Average declined during the previous Wall Street session after testing the 46,930 resistance level, which triggered renewed selling pressure and a shift toward negative price action. Technical Overview 50-Period Simple Moving Average (SMA): The index remains under pressure from the SMA, which continues to act as …

The Dow Jones Industrial Average (DJI30) saw mixed performance on Wall Street, retreating slightly after reaching a session high of 47,136, as investors booked profits following the recent bullish rally. Despite the pullback, the broader trend remains upward. Technical Outlook – 4-Hour Timeframe: The 50-day Simple Moving Average (SMA) continues …