The Dow Jones index continues to trade under bearish pressure during today’s session, with the pivotal level standing at 48,380.
As long as the index remains below this level, further downside is likely, targeting 48,000 initially, followed by 47,850.
However, if the index manages to reverse direction and stabilize above 48,380, a corrective rebound could extend toward 48,610 and then 48,886.
Market sentiment remains cautious, with traders closely monitoring price behavior around the key pivot level.
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