Dow Jones

Key Indicators

• US 30 bulls maintained control with a powerful bullish continuation candle, but the price struggle extended the momentum after the strong rally, with the 4-hour RSI near 80, indicating stretched conditions.

Fundamental Context

The Dow Jones general trend is still upward, but it seems limited in its attempts to move higher following the recent pullback. Looking ahead, the sustainability of any gain in the index this week will largely depend on the release of US NFP data and geopolitical developments.