Dow Jones Daily Technical Report – October 1, 2025 | Rising Wedge & Key Levels

Dow Jones Daily Technical Report – October 1, 2025 | Rising Wedge & Key Levels

Date: October 1, 2025

Introduction

The Dow Jones Industrial Average (DJIA) ended the October 1, 2025 session slightly higher, closing at 46,441.10 after fluctuating within a tight trading range. Despite the modest +0.09% gain, the index continues to signal caution as multiple technical factors converge, including a Rising Wedge pattern and repeated Shooting Star candlesticks. This report outlines the market recap, pivot-based support and resistance levels, candlestick analysis, moving averages, and trading scenarios for the upcoming sessions.

1. Market Recap

• Opening Price: 46,366.78
• Session High: 46,528.78
• Session Low: 46,276.39
• Closing Price: 46,441.10
• Daily Change: +43.21 (+0.09%)

2. Chart Overview

2.1 Rising Wedge Formation

The 4-hour chart clearly shows the Dow respecting the boundaries of a Rising Wedge, a formation highlighted in yesterday’s report. The wedge remains unconfirmed but warrants close monitoring:

• Confirmation: A breakdown below 45,785 would validate the bearish implications.
• Downside Target: Near 44,948 if the breakdown occurs.
• Invalidation: A close above 46,714 cancels the wedge risk.

2.2 Shooting Star Candlestick

A Shooting Star candle has now formed on both the daily and 4-hour timeframes. This dual confirmation strengthens the bearish tone in the short term:

• Key Level: 46,217 confirms the bearish breakdown of the candlestick.
• Upside Invalidation: Only a close above 46,714 would negate the bearish implications.

2.3 Moving Averages

The Exponential Moving Averages (EMA) are providing dynamic support zones:

• EMA 14: ~46,258 – near-term support guiding intraday momentum.
• EMA 50: ~45,862 – key medium-term support for the broader bullish structure.
• As long as the Dow remains above the EMA 50, the medium-term uptrend stays intact.

3. Pivot Levels – Support & Resistance

Using our Pivot Point Calculator, the following intraday levels were calculated:

Pivot	46,406
Resistance 1	46,513
Resistance 2	46,585
Resistance 3	46,670
Support 1	46,334
Support 2	46,227
Support 3	46,155

4. Trading Scenarios

4.1 Bullish Case

1. A breakout above today’s high of 46,528 would extend momentum toward 46,670 (R3).
2. A confirmed close above 46,714 would invalidate the Shooting Star and open the path toward 46,950–47,000.

4.2 Bearish Case

1. Failure to hold above 46,334 (S1) could push the index back to 46,227 (S2).
2. A wedge breakdown below 45,785 would target ~44,948, confirming a shift in momentum.

5. Risk Management Note

Traders should complement technical analysis with strict money management tools. We recommend using:

• Pivot Point Calculator – to track support/resistance levels.
• Risk Calculator – to assess stop-loss & risk/reward ratios.
• Position Sizing Calculator – to calculate the correct trade size per account.

6. Conclusion

The Dow closed the October 1, 2025 session at 46,441.10, holding within the Rising Wedge formation. While the EMA 14 and EMA 50 continue to offer dynamic support, the repeated Shooting Star candlesticks highlight short-term caution. Traders should monitor 46,714 on the upside and 45,785 on the downside for decisive confirmation of the next major move.