EIGHTCAP:US30   Dow Jones Industrial Average Index
Dow Jones

The price of Dow Jones is about to reach its support line of 38175 and then closing the daily candle under it means it will continue the downtrend till 37750, but if closed above it means it will touch 38560 again.
the bullish scenario will be activated by closing the daily candle above 38560 to get 38800 and 39170

The earnings of DOW Dow Inc., MRK Merck & Co. Inc., HON Honeywell International Inc., and CAT Caterpillar Inc. will affect the Dow-jones index market, also we have the GDP of the first quarter of this year, So the market will be volatile

Pivot line: 38360
Resistance Prices: 38560, 38760, 39140
Support Prices: 38180, 37760, 37150

The movement range will be between support 37750 and Resistance 38670


my free signals channel telegram

t.me/Srosh_signals

~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%

SM World and Economy News 24/7
Urgent News ⚡️:

t.me/SM_News_24h
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.