The Dow Jones Industrial Average on Wall Street recovered, aligning with our positive expectations, and is gradually rising towards our target of 48,930, reaching a high of 48,893.<\/p>\n\n\n\n
Technical Outlook \u2013 4-Hour Timeframe:<\/strong><\/p>\n\n\n\n The price remaining above the 50-day simple moving average increases the likelihood of further gains, supported by continued positive signals from the Relative Strength Index (RSI) on shorter timeframes.<\/p>\n\n\n\n Most Likely Scenario:<\/strong><\/p>\n\n\n\n As long as the index holds above the 48,700<\/strong> support level, the bullish trend remains the most likely scenario for today’s trading session, targeting 48,930<\/strong> as the first objective, with potential gains extending towards 49,010<\/strong>.<\/p>\n\n\n\n Conversely, a return to trading below 48,700<\/strong> would negate the bullish scenario and put the index under negative pressure towards 48,645<\/strong>.<\/p>\n\n\n\n Caution:<\/strong> The risk level is high amid ongoing trade and geopolitical tensions, and all scenarios remain 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 recovered, aligning with our positive expectations, and is gradually rising towards our target of 48,930, reaching a high of 48,893. Technical Outlook \u2013 4-Hour Timeframe: The price remaining above the 50-day simple moving average increases the likelihood of further gains, supported by continued positive signals from the …<\/p>\n","protected":false},"author":9,"featured_media":125903,"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-125892","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\/125892","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=125892"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125892\/revisions"}],"predecessor-version":[{"id":125904,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125892\/revisions\/125904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/125903"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1: 48645<\/strong><\/td> R1: 49010<\/strong><\/td><\/tr> S2: 48410<\/strong><\/td> R2: 49135<\/strong><\/td><\/tr> S3: 48280<\/strong><\/td> R3: 49375<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"