Oliver West
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Dow Jones: Sideways Action Continues, Watch the 42,200 Support
As we discussed previously, the Dow Jones remains in a choppy range, with the index finding some support around the 42,200 mark. Given the market's current behavior, this level should continue to be watched closely. A break below 42,200 could signal further weakness, while a bounce here would indicate potential for a short-term rebound. Th...
Dow Jones: Sideways Action Continues, Watch the 42,200 Support
As we discussed previously, the Dow Jones remains in a choppy range, with the index finding some support around the 42,200 mark. Given the market's current behavior, this level should continue to be watched closely. A break below 42,200 could signal further weakness, while a bounce here would indicate potential for a short-term rebound. Th...
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Oliver West
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Dow Jones Industrial Average: Pressured at 43,000, Watching 42,200 Support
As anticipated, the Dow Jones continues to struggle with the 43,000 resistance level. This time, the pullback has been more pronounced, suggesting that the selling pressure at this level is significant. The next key level to watch is 42,200, which will serve as the immediate support. If the index can stabilize around this level, it might give us some clues...
As anticipated, the Dow Jones continues to struggle with the 43,000 resistance level. This time, the pullback has been more pronounced, suggesting that the selling pressure at this level is significant. The next key level to watch is 42,200, which will serve as the immediate support. If the index can stabilize around this level, it might give us some clues...
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Dow Jones Index: Stalled at 43,000 Resistance
As anticipated, the Dow Jones Industrial Average faced stiff resistance at 43,000 and slipped back to close near 42,700. This pullback highlights the persistent selling pressure at this level. Moving forward, continued focus remains on whether the ind...
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Dow Jones Index: Stalled at 43,000 Resistance
As anticipated, the Dow Jones Industrial Average faced stiff resistance at 43,000 and slipped back to close near 42,700. This pullback highlights the persistent selling pressure at this level. Moving forward, continued focus remains on whether the ind...
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Oliver West
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Dow Jones Industrial Average: Struggling at 43,000 Resistance
As anticipated, the Dow Jones index encountered significant resistance near the 43,000 level. This area remains a critical barrier for further upward momentum. Currently, support at 42,200 is holding steady, offering some optimism that the index may avoid a deeper pullback. If the Dow stabilizes above this support, it could set the ...
Dow Jones Industrial Average: Struggling at 43,000 Resistance
As anticipated, the Dow Jones index encountered significant resistance near the 43,000 level. This area remains a critical barrier for further upward momentum. Currently, support at 42,200 is holding steady, offering some optimism that the index may avoid a deeper pullback. If the Dow stabilizes above this support, it could set the ...
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Oliver West
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Dow Jones Industrial Average: Testing Resistance at 43,000
The Dow Jones rebounded sharply from its 42,200 support level, aligning with expectations. However, the index remains capped by the resistance at 43,000. This level will be pivotal in determining the next leg of the move. A sustained break above could trigger renewed bullish momentum, while failure to do so may lead to further consolidation.
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Nasda...
The Dow Jones rebounded sharply from its 42,200 support level, aligning with expectations. However, the index remains capped by the resistance at 43,000. This level will be pivotal in determining the next leg of the move. A sustained break above could trigger renewed bullish momentum, while failure to do so may lead to further consolidation.
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Nasda...
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Oliver West
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Dow Jones: Post-Rally Pullback, Watching 43,000
The Dow Jones index performed largely in line with expectations for a Christmas rally, breaching the 43,000 level before experiencing a natural pullback. This type of retreat is not surprising, as seasonal rallies often come with a correction phase. The key now is whether the 43,000 level can hold as support in the near term, potentially setting the ...
Dow Jones: Post-Rally Pullback, Watching 43,000
The Dow Jones index performed largely in line with expectations for a Christmas rally, breaching the 43,000 level before experiencing a natural pullback. This type of retreat is not surprising, as seasonal rallies often come with a correction phase. The key now is whether the 43,000 level can hold as support in the near term, potentially setting the ...
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Oliver West
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Dow Jones Index: Stabilized at 42,000, Eyeing 43,000 Next
The Dow Jones Industrial Average is playing out as anticipated, finding stability around the 42,000 level. This support aligns with historical buying activity during periods of uncertainty. Looking ahead, the immediate test lies in reclaiming and sustaining the 43,000 mark. If achieved, this could pave the way for a potential year-end rally,...
Dow Jones Index: Stabilized at 42,000, Eyeing 43,000 Next
The Dow Jones Industrial Average is playing out as anticipated, finding stability around the 42,000 level. This support aligns with historical buying activity during periods of uncertainty. Looking ahead, the immediate test lies in reclaiming and sustaining the 43,000 mark. If achieved, this could pave the way for a potential year-end rally,...
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Oliver West
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Dow Jones Index: Downtrend Continues, Targeting 43,000
As anticipated, the Dow Jones Industrial Average extended its decline, with a clear break below 44,000, aligning with expectations shared previously. With downward momentum firmly established, the next key support to monitor is 43,000. Weak manufacturing data and persistent concerns over global growth weighed on the index, pa...
Dow Jones Index: Downtrend Continues, Targeting 43,000
As anticipated, the Dow Jones Industrial Average extended its decline, with a clear break below 44,000, aligning with expectations shared previously. With downward momentum firmly established, the next key support to monitor is 43,000. Weak manufacturing data and persistent concerns over global growth weighed on the index, pa...
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Oliver West
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Dow Jones: Testing 43,000 Support, Likely to Stabilize
The Dow Jones Industrial Average edged lower and now approaches the critical 43,000 support level. Historically, this area has acted as a key stabilization zone, with buyers often stepping in to halt further declines. Given current market dynamics, I anticipate the index may find support here and stabilize unless unexpected macroeconomic pressures materialize. Industrial stocks re...
The Dow Jones Industrial Average edged lower and now approaches the critical 43,000 support level. Historically, this area has acted as a key stabilization zone, with buyers often stepping in to halt further declines. Given current market dynamics, I anticipate the index may find support here and stabilize unless unexpected macroeconomic pressures materialize. Industrial stocks re...
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Oliver West
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Dow Jones: Approaching 43,000, Testing Support
The Dow Jones Industrial Average continued its downward movement, edging closer to the critical 43,000 support level. This zone has historically served as a key stabilization point. Based on technical patterns and recent market behavior, I maintain my previous stance that the index is likely to find support here. Unless unexpected macroeconomic or...
Dow Jones: Approaching 43,000, Testing Support
The Dow Jones Industrial Average continued its downward movement, edging closer to the critical 43,000 support level. This zone has historically served as a key stabilization point. Based on technical patterns and recent market behavior, I maintain my previous stance that the index is likely to find support here. Unless unexpected macroeconomic or...
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