Dow Jones
BearishArchived analysis from Nov 4, 2026, 4:28 AM
Key insight
51,400 acts as pivot — break below 51,000 (50-day MA zone) opens a retest of 50,200 swing support; Gold at $3,949 and EUR/USD +0.6% signal risk-off dollar weakness, not equity confidence.
Dow holds -0.6% while S&P 500 drops -1.4% and Nasdaq -2.6% — defensives cushion the blue-chip index but 51,400 sits below the key 52,000 round-number resistance.
Main risk
Nasdaq tech selloff contagion
Nasdaq -2.6% leads broad selloff; Dow's defensive tilt delays but doesn't prevent spillover below 51,000 50-day MA.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→