Dow Jones Daily Technical Report – October 3, 2025 | Rising Wedge Breakout and EMA Support Levels

Dow Jones Daily Technical Report – October 3, 2025

The Dow Jones Industrial Average (DJIA) closed higher on October 3, 2025, ending the session at 46,758.28 — up +238 points (+0.51%). The index managed to reclaim momentum after intraday volatility, maintaining its overall bullish structure above key moving averages.

1. Market Recap

• Open: 46,583.95
• High: 47,049.64
• Low: 46,566.87
• Close: 46,758.28
• Change: +238.00 (+0.51%)

2. Pivot Point, Supports & Resistances

Based on our Pivot Point Calculator, the following levels are projected for the next trading session:

R3:	47,404.22
R2:	47,226.93
R1:	47,037.46
Pivot Point:	46,860.17
S1:	46,670.70
S2:	46,493.41
S3:	46,303.94

3. Technical Overview

1. Trend Bias: The Dow maintains a bullish medium-term trend as it continues to trade above its key exponential moving averages (EMA 14 & 50).
2. Chart Pattern: On the 4-hour timeframe, the index continues to trade within a rising wedge pattern previously identified in our earlier report (Sept 30, 2025).
3. Breakout Behavior: The breakout above 46,675.53 confirms upward strength, turning that level into support. A full candle close below it could act as a short-term exit signal.
4. Stop-Level Adjustment: The trailing stop is adjusted upward to 46,374.17, aligning with the ongoing bullish slope.

4. Candle Pattern Analysis

The Shooting Star formation visible on the daily and 4-hour charts highlights supply pressure near 47,000. This pattern signals potential exhaustion unless the index breaks and sustains above that zone with volume confirmation.

5. Moving Averages

• EMA 14: 46,446.15
• EMA 50: 45,981.78

The Dow remains above both EMAs, confirming buyers’ control. As long as the price stays above the 50 EMA, the broader uptrend remains intact.

4H Chart Observation: Dow Jones broke above the wedge upper boundary before a controlled pullback near 46,675.53. The Shooting Star candle reflects short-term exhaustion, while EMAs at 46,446.15 and 45,981.78 offer dynamic support.

6. Tools to Enhance Your Analysis

Explore these interactive tools to refine your technical decisions:

• Fibonacci Retracement Calculator
• Position Sizing Calculator
• Trading Risk Calculator
• Pivot Point Support & Resistance Calculator

7. Outlook Summary

The Dow remains technically bullish above the 50 EMA, but short-term momentum has slowed near 47,000 resistance. As long as 46,675.53 holds, the bias stays positive. A breakdown below 46,374 could expose 46,092 as a near-term target.

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Disclaimer: This analysis is provided for educational and informational purposes only. It does not constitute financial advice or investment recommendations. Always conduct your own research or consult a licensed financial advisor before making trading decisions.