Dow Jones

Key insight

54,000 round-number resistance caps the index; break above confirms ATH extension toward 55,000.

53,928 holds near Aug 10 high of 53,975 — CPI in-line but Fed rate path still unresolved.

Main risk

Fed September rate decision

CPI at 3.4% keeps Sept hold/hike split alive — hawkish surprise would pressure 53,000 support.