Dow Hits Record Highs as Markets React to Fed Remarks
Dow Closes at Record Highs
The Dow Jones closed at all-time highs on Monday as markets assessed comments from three Federal Reserve officials regarding the central bank's recent monetary policy decisions.
Technical Outlook: Stability above 42,210 would signal that the Dow Jones is in a bullish zone, with potential targets of 42,500 and 42,810. However, a 4-hour candle close below 42,200 could trigger a decline towards 42,070, and a sustained move below this level may lead to a further downtrend targeting 41,565.
Key Levels:
Pivot Point: 42210
Resistance Levels: 42450, 42700, 43040
Support Levels: 42070, 41770, 41565
Trend Outlook: Bullish while above 42210
previous idea:
The Dow Jones closed at all-time highs on Monday as markets assessed comments from three Federal Reserve officials regarding the central bank's recent monetary policy decisions.
Technical Outlook: Stability above 42,210 would signal that the Dow Jones is in a bullish zone, with potential targets of 42,500 and 42,810. However, a 4-hour candle close below 42,200 could trigger a decline towards 42,070, and a sustained move below this level may lead to a further downtrend targeting 41,565.
Key Levels:
Pivot Point: 42210
Resistance Levels: 42450, 42700, 43040
Support Levels: 42070, 41770, 41565
Trend Outlook: Bullish while above 42210
previous idea:
Trade active
US30
The price still have a bullish direction while trading above 42210 to get our price we mentioned….
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Urgent News ⚡️:
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my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.