Dow Jones US30 Chart Technical Outlook may extend gains beyond 39,264 if core PCE confirms inflation weakness.
How have markets responded to President Biden’s apparent stumbles in the debate against Trump? So far, the debate is only grabbing the headlines, not prices. However, weak US data has helped Dow Jones (US 30) advance on hopes of a rate cut—and more weakness is likely later in the day.
Dow Jones (US 30) faces resistance at 39,264, a swing high; the next level to watch is 39,582. Support is at 38,913, followed by 38,738. Bulls have been gaining some ground in recent days.
