DOW JONES ANALYSIS

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DOW JONES ANALYSISUS 30CAPITALCOM:US30Brehayne_💸 DOW JONES 💸 Chart: 1H Overall Trend: Bullish Current Market Structure: Short-Term Bearish After the initial gap up & bullish push, price has been ranging in a tight consolidation zone with small candles — indicating indecision. Scenario 1: Bullish Continuation (Preferred if Demand Holds) • Price retraces into the GAP UP demand zone (≈ 46,770–46,730). • Bullish reaction here (strong wick / engulfing candle) could provide a buy setup targeting: • First target: 46,910–46,960 (recent high) • Final target: New ATH zone (47,051–47,088) Scenario 2: Deeper Pullback • If price fails to hold the gap demand zone, expect a deeper retracement toward 46,600–46,560, which is the next structural support. ✅ Summary: The bias remains bullish, but a short-term retracement to fill the gap demand zone is likely before a push toward new highs. A clean rejection or bullish engulfing in that zone would offer a high-probability long setup.