Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Stall in Early Hours
The Dow Jones 30 is very quiet in pre-market trading. 48,000 sitting just below could offer support, 49,000 above is resistance. I think a short-term pullback makes more sense than not. I do not necessarily want to chase this index all the way up here, so I will be looking for a little bit of value. The 50-day EMA at 47,592 also offers support at the moment.