Technical Analysis: Dow Jones - Wednesday, August 5

The Dow Jones surpassed the 54,000 level amid optimism over a potential Iran-USA deal.

Dow Jones–05.08.2026

The Dow managed to meet the target of 54000 to pass above it with optimism over an Iran-USA deal.
As we see over the chart and as long as the market holds above the first Intraday support of 54080, the advance could sustain toward 54600 and 55000.
Below 54080 a chance for further retreat is likely with supports at 53660 and 53335.

SUPPORT

RESISTANCE

LEVEL1

54080

54600

LEVEL2

53660

55000

LEVEL3

53335

55600

STOCKS IN THIS ARTICLE

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