Hello everyone,
Dow Jones 4H NEW FORECAST
The price dropped and broke the 39092 then continued the bearish trend
To initiate an uptrend, the price must be stable above 39092 , potentially moving towards 39092 . Stability above 2320 would also support a bullish push, with the price fluctuating between 39307 and 39450.
A 4-hour or 1-hour candle closing below 39092 would confirm a bearish trend, with the price anticipated to trade in the bearish zone between 38920 and 38850 .
Pivot Line: 39092
Resistance Levels: 39307, 39450, 39660
support Levels: 38920, 38850, 38697
Dow Jones 4H NEW FORECAST
The price dropped and broke the 39092 then continued the bearish trend
To initiate an uptrend, the price must be stable above 39092 , potentially moving towards 39092 . Stability above 2320 would also support a bullish push, with the price fluctuating between 39307 and 39450.
A 4-hour or 1-hour candle closing below 39092 would confirm a bearish trend, with the price anticipated to trade in the bearish zone between 38920 and 38850 .
Pivot Line: 39092
Resistance Levels: 39307, 39450, 39660
support Levels: 38920, 38850, 38697
