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.<\/p>\n\n\n\n
Technical Outlook for Today’s Session – 4-Hour Timeframe:<\/p>\n\n\n\n
The 50-period simple moving average continues to provide a positive impetus, supporting continued upward attempts.<\/p>\n\n\n\n
The Relative Strength Index (RSI): It is receiving positive signals in the short term, stable above the 50-period midline.<\/p>\n\n\n\n
The Likely Scenario:<\/p>\n\n\n\n
The bullish scenario may be the most favorable, noting that a confirmation of a breakout of 46,960 could extend the index’s gains to reach 47,110, an initial stop, which could later extend its gains to reach 47,160.<\/p>\n\n\n\n
Conversely, a confirmation of a negative breakout of the 46,700 support level could put the index price under downward pressure towards 46,560.<\/p>\n\n\n\n
Warning: Risk is high amid ongoing trade and geopolitical tensions, and all scenarios are possible.<\/p>\n\n\n\n
Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.<\/p>\n\n\n\n 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 upward attempts. The Relative Strength …<\/p>\n","protected":false},"author":9,"featured_media":120162,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7192,11285],"class_list":["post-120152","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-dow","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120152"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120152\/revisions"}],"predecessor-version":[{"id":120163,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120152\/revisions\/120163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120162"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1: 46560<\/strong><\/td> R1: 47110<\/strong><\/td><\/tr> S2: 46215<\/strong><\/td> R2: 47310<\/strong><\/td><\/tr> S3: 46015<\/strong><\/td> R3: 47650<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"