Dow Jones US30 Technical Analysis: Dow Jones positive

American session, date: 7/8/2024

Introduction and overview

This report provides a technical analysis of the Dow Jones US30 index during the American session, focusing on trading strategies based on resistance and support levels. The index is currently trading at the level of $39443. Prices are trading above most of the moving average intersections, which indicates an upward trend, and the MACD indicator indicates strength in a positive direction, which enhances the positive possibilities.

DowJones US30 Technical Analysis

Trading strategies levels on Buy/Sell levels

US30 In case of buying in case of selling
Entry point 39485 39364
Target Point 1 (TP1) First resistance: 39552 First support: 39324
Target Point 2 (TP2) Second resistance: 39620 Second support: 29290
Stop Loss (SL) 39364 39485



The technical analytical study of this data showed clear results indicating the main trends and changes in the market. The technical indicators used and graphical analysis highlight the relative strength of the assets studied, and help identify potential investment opportunities and associated risks. This technical analysis reflects the importance of integrating modern tools and technologies 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.

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