📌 Market Snapshot – July 1, 2025
The Dow Jones Industrial Average (DJIA) closed at 44,229.04, up +134.27 points (+0.30%) on the first trading day of July. The index showed consistent strength throughout June and is now hovering just below the 45,076 resistance level, testing investor conviction for a sustained rally.
🕒 Hourly Trend Analysis: Bulls in Control but Near Resistance
- Price Action: DJIA is forming a rising channel and pushing upper Bollinger Bands.
- Resistance Zone: 45,076 (multi-timeframe barrier)
- Support Levels: 43,768 (mid-BB), 43,212 (lower BB)
- Momentum: Steady with minor pullbacks, signaling strength and healthy trend continuation
📈 A break above 45,076 with volume could spark a move toward 45,888, while any rejection may lead to a short retracement toward 43,700 levels.
📅 Monthly Chart: Recovery in Full Swing, Breakout Brewing?
- Current Price: 44,229.04
- Resistance: 45,076.99
- Bollinger Bands (20 SMA): Middle Band at 41,293 | Upper Band at 45,888
- Volume: Strong recovery volume observed in May and June 2025
After forming a strong base around 41,000, the Dow is now attempting a breakout from a multi-month consolidation pattern. A sustained close above 45,076 this month would confirm a bullish continuation pattern and potentially open doors toward new all-time highs.
🔮 What to Expect in July 2025
- Key Resistance Zone: 45,000–45,888
- Watch Economic Indicators: US jobs data, CPI, and Fed minutes
- Trend Outlook: Bullish above 43,700, stronger confirmation above 45,100
With macro data and earnings season around the corner, volatility may spike, but current momentum favors the bulls unless key support levels are breached.
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⚠️ Disclaimer:
This article is intended for informational and educational purposes only. It does not constitute investment advice. Always consult with a registered financial advisor before making trading or investment decisions. Past performance does not guarantee future results.
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