This report provides technical analysis of the Dow Jones during the US session, focusing on trading strategies based on resistance and support levels. The Dow Jones is currently trading at $40806. Prices are trading below most of the moving average crossovers, indicating a strong downtrend within the consolidation zone. The MACD indicator also indicates a weakness in the positive trend.
Trading strategies based on Buy/Sell levels
| US30 | In case of buying | in case of selling |
| Entry point | 40900 | 40755 |
| Target Point 1 (TP1) | First resistance: 40950 | First support: 40705 |
| Target Point 2 (TP2) | Second resistance: 41000 | Second support: 40655 |
| Stop Loss (SL) | 40755 | 40900 |
In conclusion. The technical analysis of this data has shown clear results that indicate the main trends and changes in the market. The technical indicators used and the analysis of graphical patterns highlight the relative strength of the studied assets, and help identify potential investment opportunities and associated risks. This technical analysis reflects the importance of integrating modern tools and techniques into the investment decision-making process to enhance efficiency and accuracy. In light of these results, investors can improve their strategies and achieve better performance in the financial markets.
