DOW: Finishing close to where it started in a range-bound Monday session
More earnings expected this week as focus shifts to tech earnings.

The latest from Wall Street:
A dollar in retreat certainly aids US companies that have been dented by a stronger greenback eating into profits, but the US dollar needs to weaken further and for a bigger time frame in order to aid future Q4 earnings. In the meantime, we've got Q3 results to contend with, and tech stocks towards the end of the week will be the items to be on the look out for. Overall, energy and financial stocks outperformed, while Boeing was the worst performer for the second session running.
Dow Technical analysis, overview, strategies, and levels
Long-term bias remains bullish (even if runs contrary to fundamental economic growth concerns), while short-term technical bias is more neutral and oscillatory, and where any plummet could easily send its price below both its 50-day and 100-day moving averages.
Current Technical Overview | Consolidation - Positive Bias |
Technical Overview Conformist Strategies | Sell 1st Resistance After Reversal, Buy 1st Support At/Before Price |
Technical Overview Contrarian Strategies | Buy 1st Resistance Upon Breakout From Below, Sell 1st Support Upon Breakout From Above |
S/L for 2nd Resistance | 27260 |
2nd Resistance | 27165 |
S/L for 1st Resistance | 27069 |
1st Resistance | 26974 |
Relative Starting Point | 26783 |
1st Support | 26592 |
S/L for 1st Support | 26497 |
2nd Support | 26401 |
S/L for 2nd Support | 26306 |
IG client and CoT sentiment for the Dow

Dow chart with retail and institutional sentiment

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