DOW JONES
Dow Jones Index is trading in an upward trend in the medium term, which paves the way for higher prices and the formation of new highs. However, if the $45,250 support zone is broken to the downside, we may retest the $44,650 level in today’s trading.
Support |
45250 | 44650 | 43900 |
Resistance | 45770 | 46500 |
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Dow Jones index showed strong performance today, recording a notable increase, supported by positive expectations regarding global economic growth and the easing of some geopolitical pressures. Positive statements from the U.S. Federal Reserve regarding monetary policies boosted market sentiment, driving markets higher. Additionally, recent economic data related to employment and consumption helped reinforce confidence in the market. Based on today’s performance, it seems the index continues to target strong resistance levels, with the potential for further gains if support from financial and economic policies continues.
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