Dow Jones intraday levels to watch as the week kicks off

[Ben Graham]

Stocks continue to hold up after last week’s dovish interpretation of Powell’s remarks, with Friday’s rally still leaving US indices near their recent highs.

While the current open is slightly lower than the Friday peak, the Dow Jones is still trading above its previous all-time highs, showing a picture of relative strength as Participants await further news.

The Nasdaq is attempting to re-enter its upward channel and the S&P 500 has formed a short-timeframe double top, leaving the immediate bullish hand to the Dow Jones, the oldest of all US Indices.

With earnings season close to finishing (Nvidia earnings are approaching, releasing Wednesday) and macro data delivering mixed signals, investors appear cautious on Tech but not willing to aggressively fade the latest strength due to the Dovish interpretation of Powell's Friday speech.

The coming sessions may determine whether the ongoing small selling develops into a broader retracement or simply a consolidation before another push higher.

Let's take a look at an Intraday chart for the Dow Jones.

Read More: Ethereum and cryptocurrency markets send worrying signs despite last Friday's spike

Dow Jones 4H Chart and technical levels

Dow Jones 4H Chart, August 25, 2025 – Source: TradingView

The Dow Jones broke new record highs on Friday, marking the current All-time highs at 45,757 (both CFD and actual index).

However, the index just attained the highs of its intermediate upward channel, leading to the current profit-taking.

Look for a break-retest at the previous ATH (45,283) for further bullish continuation.

Bears will want to see a further correction from there to regain the immediate hand.

Technical levels for the Dow Jones:

Resistance Levels

• All-time high resistance 45,757
• ATH Resistance Zone 45,700 (+/- 150 pts)
• 1.618 Fibonacci-Extension 46,260

Support Levels

• Previous ATH resistance zone, now pivot 45,000
• 45,283 previous ATH
• 44,000 Main Support Zone

Safe trades and succesful trading week!

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