E-mini Dow Jones Industrial Average (YM) Futures Analysis – Playing 50% Levels Today at 25526 and 25177

Renewed trade talks between the U.S. and China helped lift the S&P 500 Index and NASDAQ Composite earlier in the session, but it didn’t help the Dow Jones Industrial Average, which has lost nearly 100 points since last Thursday’s close. The price action has been largely influenced by shares of Apple, which rose early, but is now trading in the red as we approach the last hour of trading.

At 2025 GMT, December E-mini Dow Jones Industrial Average futures are trading 25229, down 152 or -0.60%.

Daily Swing Chart Technical Analysis

The main trend is up according to the daily swing chart. A trade through 24086 will change the main trend to down. A move through 26268 will signal a resumption of the uptrend.

The minor trend is also up. A trade through 25035 will change the minor trend to down. This will also shift momentum to the downside.

The major support zone is 25233 to 24824.

The main range is 26966 to 24086. Its retracement zone at 25526 to 24866 is resistance.

The short-term range is 24086 to 26268. Its retracement zone is 25177 to 24920.

A pair of 50% levels form a price cluster at 25233 to 25177. This area provided support earlier in the session when the Dow made its intraday low at 25181.

Daily Swing Chart Technical Forecast

Based on the earlier price action, the direction of the December E-mini Dow Jones Industrial Average into the close is likely to be determined by trader reaction to the pair of 50% levels at 25233 to 25177.

A sustained move over 25233 will indicate the presence of buyers. They will be trying to defend the trend. If this can create enough upside momentum then look for a drive into another 50% level at 25526. This is a potential trigger point for an acceleration to the upside.

A sustained move under 25177 will signal the presence of sellers. If this move generates enough downside momentum then look for a move into the minor bottom at 25035, followed by a pair of Fibonacci levels at 24920 and 24824.