Dow Jones

Dow futures opened the week lower, with sellers maintaining control. After a striking rally to new peaks, the Dow Jones is now drifting sideways in a textbook consolidation.

Key Indicators

• The index broke below the 53k support level on the 1-hour timeframe, indicating potential continuation to the downside.

• Supported by a downward-sloping moving average.

Fundamental Context

Equity markets have displayed characteristic turbulence on Tuesday morning as investors absorbed a fresh escalation in the Israel-Iran conflict.