From TradingView · · 1m 20s
Dow Jones faces a key moving-average test
A bearish Dow setup points to two downside checkpoints if the correction stretches into year-end.
In brief
A bearish Dow setup points to two downside checkpoints if the correction stretches into year-end. Watch the 1W MA50 near 50,500 first, then the 1W MA100 near 48,000 if bearish pressure keeps building. Originally reported by TradingView.
Daily trend flips bearish
The Dow's daily setup has weakened, with RSI near 42, a negative MACD reading, and ADX around 23. The chart now leans bearish in the short term.
“Dow Jones turned bearish on its 1D technical outlook”
A rounding top forms
Price has shaped a rounding top near the upper edge of a four-year rising channel. That pattern suggests buyers are losing control at the highs.
“a clear rounding top formation”
Past tops guide targets
The February top led to a drop below the 1W MA50. An earlier 2025 pullback reached the 1W MA100, marking a higher-low base inside the channel.
“The last Top in February started a bearish wave”
First stop is 50,500
If the pullback runs into year-end, the first target is a test of the 1W MA50 around 50,500.
“expect first a 1W MA50 test”
Deeper risk is 48,000
If selling pressure grows, the next target is the 1W MA100 near 48,000. The post also flags midterm-election pressure as a possible driver.
“then a 1W MA100”
RSI can flip the view
The bearish case changes if the weekly RSI reaches the S1 Zone first. That would be the signal to turn bullish despite the correction.
“If the 1W RSI hits the S1 Zone before, turn bullish”
In short
Watch the 1W MA50 near 50,500 first, then the 1W MA100 near 48,000 if bearish pressure keeps building.
