Dow Jones US30 Technical Analysis: The Dow Jones is trading in a bearish trend today, recording a high of 44388.5 and a low of 43771.7, and currently stands at 44389.7. This move indicates strong selling pressure on the market, with an increasing likelihood of the downtrend continuing in the near term.
Dow Jones US30 Technical Analysis: Price Analysis
Prices appear to be trading below the major moving averages, reflecting weak upward momentum and reinforcing expectations of an extension of the downtrend. Trading below these averages indicates that there is strong resistance at these levels.
which weakens the ability to regain the upward movement and increases selling pressure on the market.
Technical Analysis:
- Moving Averages: Trading below the major moving averages supports the downtrend. This indicates that there is strong resistance at these levels, and therefore the downtrend is expected to continue unless the index succeeds in surpassing these averages and returning to trading above them.
- MACD Indicator: The MACD indicator is showing a negative trend, as it is trading in the negative zone, reflecting weak bullish momentum and increasing selling pressure. This negative signal supports the idea that the downtrend may extend in the near term, with the index likely to witness further declines if the weakness in buying momentum continues.
Future Outlook:
Based on the current technical analysis, the Dow Jones index is likely to continue its downtrend in the near term. With clear selling pressure through trading below the moving averages and the appearance of a negative trend on the MACD indicator, the index is expected to continue its decline towards the next support levels.

Trading strategies based on Buy/Sell levels
US30 | In case of buying | in case of selling |
Entry point | 44674.3 | 44147.8 |
Target Point 1 (TP1) | First resistance: 44884.9 | First support: 43831.9 |
Target Point 2 (TP2) | Second resistance: 44920.0 | Second support: 43760.5 |
Stop Loss (SL) | 44147.8 | 44674.3 |
Current technical analysis suggests that the Dow Jones is on track to continue its downtrend. Trading below the moving averages coupled with negative signals from the MACD reinforces the hypothesis that the market may face further downward pressure in the coming sessions. It is advisable to monitor key support levels and look for selling opportunities if the selling pressure persists.