Dow Jones Industrial Average (DJIA) – 1H Chart Analysis | Aug 8,

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Current Structure:
Price is trading between 44,119 resistance and 43,816 support, consolidating after a sharp drop and partial recovery.

Resistance Zone:
The 44,119 level is acting as immediate intraday resistance; a clean breakout could push toward 44,514.

Support Zone:
43,816 remains a strong floor; below this, 43,524 is the key level where last strong bullish reversal started.

Momentum Outlook:
Recovery candles are showing smaller bodies with upper wicks, suggesting buyers are cautious and momentum is fading.

Trading Bias:

Bullish: Break above 44,119 → target 44,514.

Bearish: Break below 43,816 → retest of 43,524 likely.

Pernyataan Penyangkalan

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