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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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