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Dow Jones Forecast: With renewed market optimism across indices, cryptocurrencies, and the US dollar following Trump’s win, the Dow Jones is hitting record highs, prompting analysis of potential upcoming resistance levels and the sustainability of this bullish momentum.

As we head deeper into a pivotal week and a half, several high-impact events could shape market direction. Investors are bracing for a series of earnings reports from major companies, often referred to as the "Magnificent 7" stocks, alongside the US monthly jobs report. These, combined with the US election on November 5, represent a series of risk events that could sway investor sentiment and thus impact the Dow.

As we head into a pivotal week and a half, several high-impact events could shape market direction. Investors are bracing for a series of earnings reports from major companies, often referred to as the "Magnificent 7" stocks, alongside the US monthly jobs report. These, combined with the US election on November 5, represent a series of risk events that could sway investor sentiment and thus impact the Dow forecast.

It’s been an amazing rally since last Q4’s open and now that the Fed is finally able to cut rates, stocks have started to stall.

Dow Forecast Update: The Dow has reached its 4th record high in as many days, on a day when the Nasdaq was plunging. Sector rotation is the name of the game.

The Dow has risen along with the Russell 200 index after the Consumer Price Index (CPI) came in at 3.0% instead of the expected 3.1%. Small caps are set for a big rally, with Russell 2000 index breaking out a good 3% at the time of writing.

At the start of a new quarter, seasonality and holiday trade create the type of environment where US stock indices could easily add to recent gains. But with signs of fatigue creeping in after such a strong rally, are we due a pullback?

Investors have now digested those hawkish central bank meetings, but what's next?

It is possible that volatile market conditions might return after the relative calm in the last couple of months.

US traders are to return to their desks today after a 3-day weekend. And the biggest question we have is whether we can see some sort of relief rally, after the recent drubbing.