Dow Jones Index Analysis (US30 / Dow Jones):

The index is currently in an overall uptrend, moving within a corrective downward channel on the hourly timeframe, with some recovery in prices at today’s market open.

🔺 Bullish Scenario :
If bullish momentum continues and price holds above 45,000, the index may target 45,200, and with strong buying pressure, we could see a new high.

🔻 Bearish Scenario (Also Possible):
If the price rejects near 44,980 and breaks below 44,800 with confirmation, the index could head toward 44,600, and with further selling pressure, it may drop to 44,500.