Date: June 21, 2025
Author: www.stackmarketrulers.com

Global equity markets showed mixed performance on Friday, with Wall Street exhibiting a choppy session as investors juggled inflation concerns, global geopolitical uncertainties, and sectoral rotations.

🔹 Key Index Movements

Index	Last	Change (Pts)	Change (%)
Nasdaq 100	21,626.39	-93.30	-0.43%
S&P 500	5,967.84	-13.03	-0.22%
Dow Jones	42,206.82	+35.16	+0.08%
Nasdaq	19,447.41	-98.86	-0.51%
Bovespa	137,116	-1,601	-1.15%

Despite tech-heavy indices like the Nasdaq 100 and broader Nasdaq Composite slipping over 0.4%, the Dow Jones Industrial Average edged up 35 points, showing resilience powered by gains in cyclical and dividend-paying stocks.

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🔍 Dow Jones Technical Analysis

The Dow Jones continues to trade within a tight Bollinger Band range on the 15-minute chart, with the RSI (14) hovering around 49.80, indicating neutral momentum. Key levels to watch:

• Support: 42,089 (recent low)
• Resistance: 42,321 (upper Bollinger Band)
• Price Action: The index tested lows but rebounded sharply, closing around 42,212.52—a sign of buyers stepping in at lower levels.

This rebound also correlates with a bullish crossover between the RSI and its signal line, hinting at a potential short-term upward bias.

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🌍 Global Cues and Investor Sentiment

• Geopolitical Watch: Investors are cautiously tracking developments in the Middle East, as President Trump delays any immediate military decision in the Iran-Israel conflict.
• Macro Watch: Uncertainty around inflation and upcoming Fed commentary continues to cap bullish sentiment.

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📌 What to Watch Next Week?

• US core PCE inflation data
• Fed policymakers’ speeches
• Tech earnings from major players like Micron and Oracle

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