Dow Jones Index (US30) news

Last week was mostly a story of recovery shaking off a couple key negative factors, but it’s about to get more interesting with more earnings this week.

It’s breached 6,700 shrugging off the shutdown and keeping the technicals bullish, and in sentiment clients remain majority long.

Recent record high as kept its technicals bullish in both time frames, but on the CoT sentiment front there’s been a notable increase in net short bias.

The technical overview remains unchanged in both daily and weekly time frames, while in sentiment CoT speculators raised their net sell bias.

Discover the US Wall Street 30 (Dow Jones Industrial Average) index price forecast for 2025 and beyond, with analyst price targets and more

Futures take a small dip and CoT speculators remain net sell, but there’s no denying what has been more positive technical bias.

The value of the key US equity index lagged last week against those with heavier tech weightings, but its technical overview remains bullish and still a story of net long bias for CoT speculators.