Dow Jones – Weekly Analysis

Dow declined while the other indices advanced. Was this a structural shift, or simply tactical consolidation? In this weekly report, we examine the key technical signals, trend structure, momentum shifts, and Elliott Wave paths that could define Dow’s next major move. The focus is on what the latest move confirms, which risks it reduces, which scenarios remain open, and why Dow’s updated structure may still carry an important message for the broader market. CANDLES Dow Jones formed three bearish candles in a row and managed to record a bearish Harami on the 2D frame. However, the attempts were not able to break below the major support levels, and both the daily and 2D structures still require solid confirmation. The weekly frame formed a moderately bullish candle with fairly strong bullish technical support. Among the non-trivial signals, Thursday’s 23D close was solidly bullish and came with significant technical support. This means…