Dow Jones Technical Outlook:
Currently, the Dow Jones remains within a broader bearish structure 📉, trading near the lower boundary of its descending channel.
Nonetheless, the formation of higher highs and higher lows on the daily and 4H timeframes ⏰ suggests that a potential bullish reversal may be developing 🔄.
The 40,700 – 40,300 range is a key decision zone ⚡️:
• A confirmed breakout above this level could trigger a minor bullish rally 🚀.
• Conversely, a failure to hold above this area and the formation of new lower highs and lower lows would reinforce the ongoing bearish trend 📉.
Additionally, the recent bullish weekly and monthly closes 📅 support a bias toward further upside momentum.
In the initial phase, we may see a corrective move to the downside on lower timeframes to form a wick (shadow) for the monthly candle before any significant bullish continuation 🔄📈.
Stay flexible and monitor price action closely! 👀
Currently, the Dow Jones remains within a broader bearish structure 📉, trading near the lower boundary of its descending channel.
Nonetheless, the formation of higher highs and higher lows on the daily and 4H timeframes ⏰ suggests that a potential bullish reversal may be developing 🔄.
The 40,700 – 40,300 range is a key decision zone ⚡️:
• A confirmed breakout above this level could trigger a minor bullish rally 🚀.
• Conversely, a failure to hold above this area and the formation of new lower highs and lower lows would reinforce the ongoing bearish trend 📉.
Additionally, the recent bullish weekly and monthly closes 📅 support a bias toward further upside momentum.
In the initial phase, we may see a corrective move to the downside on lower timeframes to form a wick (shadow) for the monthly candle before any significant bullish continuation 🔄📈.
Stay flexible and monitor price action closely! 👀
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。