Dow Jones US30 Technical Analysis: The Dow Jones is trading in an uptrend today, with its current price reaching $42,615. The index recorded its highest price today at $42,635 and its lowest price at $42,367, reflecting strong positive momentum.
Dow Jones US30 Technical Analysis: Trading Prices
- Current Price: $42,615
- Today’s High: $42,635
- Today’s Low: $42,367
Technical Analysis
When analyzing the price action, we notice that the index is trading above the moving averages, which reinforces the bullish trend. In addition, the MACD indicator shows strength in the positive direction, indicating the continuation of positive momentum in the market.
Trading Forecast
Based on current data, the Dow Jones is expected to continue its upward trend, with a focus on the support level at $42,367. Any rise above $42,635 could strengthen the positive trend.
Trading strategies based on Buy/Sell levels
US30 | In case of buying | in case of selling |
Entry point | 42664 | 42489 |
Target Point 1 (TP1) | First resistance: 42751 | First support: 42419 |
Target Point 2 (TP2) | Second resistance: 42820 | Second support: 42370 |
Stop Loss (SL) | 42489 | 42664 |
The Dow Jones remains in an uptrend supported by strong momentum indicators. Traders are advised to keep a close eye on market movements, as small changes can have a significant impact on price action.