The Dow Jones Industrial Average is trading with a bearish bias today, remaining below the key pivot level at 49,000.
If the decline continues, the index is expected to move lower toward 48,870, followed by 48,600.
Alternatively, a reversal to the upside could push the index toward 49,216, with further gains extending to 50,000.
Holding above 49,216 may support a renewed upward move toward the 50,000 level.
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