Dow Jones Analysis (Daily Time Frame)
After several days of upward rally, the Dow Jones had a completely bearish week last week.
Main Scenario:
We expect the price to decline to 41,607. If the support area at 41,510 holds, we will see a price increase back to 43,345.
Possible Scenario:
Price could drop to 40,634, followed by a buying opportunity to reach targets of 43,649 and 45,909.
Dow Jones Analysis (4-Hour Time Frame)
We expect the price to move to the area of 43,893.
The main scenario is that if the 43,109 level does not break, the price will continue to decline to 41,024.
Possible Scenario:
Price may increase to 43,387, and if it stabilizes above this area, we will see further increases to 43,649 and 45,909.
Dow Jones Analysis (15-Minute Time Frame)
The index is moving within a descending channel. We expect a price drop to 41,918, followed by a rise to 42,574. The red zones marked are areas where sell trades can be tested.