Forex Trading Library

Dow Jones–06.01.2026

By Rami Abu-Draa On Jan 6, 2026

We still holding the same outlook for the Dow as the market is still holding above the 47600-700 support.

As we see over the chart, the advance is still ongoing after last Friday’s drop toward 47817, as the market is still looking towards the 49500-600 zone.

Intraday levels show the first support at 48760-880, and if prices remain above it, the target is still towards 49500-600.

	SUPPORT	RESISTANCE
LEVEL1	48760-880	49500-600
LEVEL2	48300	50000
LEVEL3	47600	50500

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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