The Dow Jones Index is trading in a bearish trend during today’s session, remaining below the pivot level of 49000.
If selling pressure continues, the index is expected to decline toward 48600 followed by 48200.
Alternatively, in case of a bullish rebound, price may target 49300 then 49600.
The bearish outlook remains valid as long as trading stays below 49000, while holding above it may support a recovery toward 49300.
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