Dow Jones

Key insight

+0.4% divergence from Nasdaq (-1.3%) signals active rotation into Dow components; 52,000 round-number resistance is the next gate — clear it and 53,500 opens up.

51,804 holds above the 50-day MA (~51,200) while S&P and Nasdaq lag — Dow's value-tilt outperforms as sector rotation favours industrials and energy over tech.

Main risk

Nasdaq-led tech selloff spreading

Nasdaq -1.3% today; if tech weakness broadens into Dow's tech components (MSFT, AAPL), support at 51,200 (50-day MA) comes under pressure fast.