The Dow Jones Index continues to trade with a bullish intraday structure, holding above the key pivot level at 48700, which reflects sustained buying pressure and positive market sentiment. As long as the index remains above this level, the upward scenario stays valid.
If momentum continues, the index is expected to rise toward 49840 followed by 50500. On the other hand, if selling pressure appears and the index drops below 48700, a corrective move could push prices toward 48300 and then 47600. Overall, stability above 48700 supports further upside toward 50500.
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