The Dow Jones Index is currently in a corrective wave, and until this range phase is over, a strong new move is unlikely. However, once the correction is completed, the index could resume its upward trend.
🔹 The key support level in the long-term timeframe is 41,600.
🔹 In the medium-term, the critical level to watch is 44,000.
🎯 The long-term target is set at 46,600.
📈 Upon completion of the corrective wave, the expected growth is approximately 12%.
🔹 The key support level in the long-term timeframe is 41,600.
🔹 In the medium-term, the critical level to watch is 44,000.
🎯 The long-term target is set at 46,600.
📈 Upon completion of the corrective wave, the expected growth is approximately 12%.
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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.
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.