The Dow Jones Index is trading in a bearish trend during today’s session, remaining below the pivot level of 49400.
If selling pressure continues, the index is expected to decline toward 49200 followed by 49000.
Alternatively, in case of a bullish rebound, price may target 49600 then 50000.
The bearish outlook remains valid as long as trading stays below 49400, while holding above it may trigger a recovery toward 49600.
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