New Forecast
The Dow Jones is approaching a resistance level at 38065. Should it surpass this threshold, the bullish trend is expected to continue till 38385. However, if the price stabilizes below 38065, it is likely to retreat towards 37790. A breach of this level would further reinforce a bearish trajectory, potentially leading the index down to 37630.
Pivot line: 38065
Resistance Prices: 38385 & 38565 & 39000
Support Prices: 37795 & 37620 & 37130
The movement range will be between support 37620 and Resistance 38385
previous idea:
The Dow Jones is approaching a resistance level at 38065. Should it surpass this threshold, the bullish trend is expected to continue till 38385. However, if the price stabilizes below 38065, it is likely to retreat towards 37790. A breach of this level would further reinforce a bearish trajectory, potentially leading the index down to 37630.
Pivot line: 38065
Resistance Prices: 38385 & 38565 & 39000
Support Prices: 37795 & 37620 & 37130
The movement range will be between support 37620 and Resistance 38385
previous idea:
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
but more have a bearish trend especially if can stabilize under 37960, closing 1h or 4h candle under 37620 means will trade at the bearish trend to get 37120