Kauffmen FX - Dow Jones (US30) Price Idea

Jul 8

The chart shows the Dow Jones Industrial Average (US30) daily timeframe as of July 8, 2024. Key elements include significant price levels at $40,113.17 and $40,052.37, a resistance zone marked as "Verified Order Block + FVG," a market structure shift at $39,600, and support at the recent swing low of $38,013.36. The analysis suggests an initial upward move towards the resistance zone followed by a potential decline towards the recent swing low, indicated by the blue arrows.