NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Looking to Bounce on Friday

Core Viewpoint - The Dow Jones 30 is currently around the 48,000 level, with expectations to reach the psychological target of 50,000 in the coming weeks, supported by the 50-day EMA and the 47,000 level if a breakdown occurs [1][2]. Group 1: Dow Jones 30 Analysis - The Dow Jones 30 is gathering buyers and has slightly rallied, indicating potential movement towards the 50,000 mark [1]. - The 50-day EMA and the 47,000 level are identified as major support levels, suggesting resilience even if a downturn occurs [2]. Group 2: S&P 500 Analysis - The S&P 500 is expected to rally, with traders targeting the psychological level of 7,000, while the 6,800 level provides support [3]. - The current trend for the S&P 500 remains bullish, with a significant concern only if it breaks below 6,500, which is not anticipated at this time [4].