The Dow Jones Index continues to trade under a bearish intraday outlook, remaining pressured below the key pivot level at 49200, which reflects ongoing weakness in market sentiment. As long as the index stays below this level, the downside scenario remains dominant, with expected targets at 48400 followed by 48000 if selling pressure persists.
On the other hand, if the index manages to recover and stabilize above 49200, a bullish correction may develop, opening the path toward 49600 and then 50000. Overall, a sustained move above 49200 is essential to shift momentum and support a potential recovery toward higher levels.
Discover why over 25.000 live trading accounts trust Highness, and join the community of successful traders today.
KU 