Tag Archives: dow

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 …

The Dow Jones Industrial Average (DJI30) extended its bullish momentum, successfully reaching the target mentioned in the previous report at 47,140, and posting a new session high of 47,163. Technical Outlook – 4-Hour Timeframe: The 50-day Simple Moving Average (SMA) continues to act as dynamic support, reinforcing the broader bullish …

The index continues its advance on Wall Street, gradually approaching the 47,000 psychological barrier. Technical Picture: 50-day SMA: Provides consistent support, reinforcing the prevailing bullish bias. RSI: Maintains positive signals on short-term timeframes, reflecting sustained upward momentum. Probable Scenario: Bullish Case (preferred): As long as daily trading consolidates above 46,660, …

The index extended its downside move, in line with bearish expectations, touching the official target at 46,430 and recording a session low of 46,388. Technical Outlook: 50-period SMA: Continues to act as dynamic resistance, reinforcing downward pressure. RSI: Sending negative signals, reflecting a gradual weakening of momentum. Probable Scenario: Bearish …

The index recorded notable gains in the previous session, reaching a high of 46,787. Technical Outlook: 50-period Simple Moving Average (SMA): Continues to support the price from below, reinforcing the broader bullish structure. Relative Strength Index (RSI): Entering overbought territory and beginning to send negative signals, indicating short-term momentum may …

The index succeeded in achieving the first bullish target outlined in the previous report at 46,635, recording a session high of 46,784. Technical Outlook: 50-period Simple Moving Average (SMA): Continues to support the price from below, acting as dynamic support and reinforcing the bullish outlook. Relative Strength Index (RSI): Showing …

The index continued its attempts to preserve recent gains, recording a morning high of 46,608. Technical Outlook: 50-Day Simple Moving Average (SMA): Acting as a support level from below, reinforcing the possibility of continued upward movement. Relative Strength Index (RSI): Showing positive signals on short-term timeframes, suggesting potential for further …

The index extended its gains in the previous session, recording a high near 45,990, but short-term indicators suggest cautious trading. Technical Outlook: Moving Averages: The 50-period SMA is exerting slight downward pressure, hinting at potential short-term corrective moves. Momentum Indicators: The RSI is showing negative signals, reinforcing the likelihood of …