# Dow Jones 30 Rises to Test Resistance

> Dow Jones Industrial Average climbs moderately as it tests key resistance level for potential upside.
- Title: Dow Jones 30 Rises to Test Resistance · TradingView | Shortify
- Summary: Dow Jones Industrial Average climbs moderately as it tests key resistance level for potential upside. Dow Jones Industrial Average rises moderately to test…
- Keywords: dow jones, us30, resistance level, bullish, elliott wave, price action, business, finance, Dow, Jones, Rises, Test
- Source: TradingView — https://tradingview.com/chart/US30/6dNLL7Dc-Dow-Jones-30-Rises-Moderately-to-Test-Resistance-Level
- Published: 2026-10-21T04:34:20+00:00
- Read time: 1 min
- Topics: dow jones, us30, resistance level, bullish, elliott wave, price action, business, finance
## Market Structure Shift
Dow Jones Industrial Average shows shift from bearish to bullish character after September decline.
## Bullish Change of Character
Price initiated impulsive rise from 50,800, 51,000 zone between October 9 and 13.
## Bullish Break of Structure
Price cleared 51,950, 52,000 resistance zone, confirming initial bullish structure.
## Resistance Test
Price hovers around 52,606, just below 52,749 resistance level for potential profit-taking.
## Elliott Wave Analysis
Decline from September peak to 50,583 may complete bearish structure, with rise as new bullish impulse.
## Bullish Wave 5 Projection
Price breaking above 52,749 could push toward 53,000, 53,200 if strong H4 candle confirms.
## RSI Momentum Confirmation
RSI (14) at 62.09 shows bullish momentum, but price reaction at 52,749 remains critical for confirmation.
## Key takeaway

Dow Jones Industrial Average rises moderately to test 52,749 resistance level, signaling potential for further gains if resistance is broken.