Nasdaq 100, Dow Jones, S&P 500 Forecasts For The Week Ahead

DOW JONES PRICE OUTLOOK

In the case of the Dow Jones, traders should eye confluent support from 31,130 to 30,800 as a breach beneath the zone could give way to further losses. If weakness spreads beyond technology stocks it could suggest the fundamental backdrop has been altered and risk appetite might pullback more broadly as a result. That said, there is little to suggest such a rotation will occur as it remains unlikely the Federal Reserve will consider raising rates anytime soon and economic projections climb.

DOW JONES PRICE CHART: DAILY TIME FRAME (JANUARY 2020 – MARCH 2021)

dow jones price chart

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