The Dow Jones Index is trading with a bearish bias during today’s session, as it struggles around the key pivot level at 47600. Staying below this level keeps the negative outlook intact and supports further downside movement in the short term.
If the index continues to decline, it may target 47200 as a first level, followed by 46400 if selling pressure increases.
However, a move above 47600 could shift momentum to the upside, opening the door for a recovery toward 48000 and then 48400. Overall, the bearish scenario remains dominant unless the index regains stability above 47600.
Discover why over 25.000 live trading accounts trust Highness, and join the community of successful traders today.
KU 