Dow Jones Trade Setup Before FOMC Minutes – Will 42,800 Break? | Key Levels & Trade Setup - 21 May 2025

"Dow Jones faces crucial resistance at 42,800 ahead of FOMC minutes on 21 May 2025. Check key levels, technical indicators, breakout trade setups
Dow Jones Industrial Average (DJIA) daily chart showing resistance at 42,800, support at 40,700, RSI indicator, and recent price movement as of 21 May 2025 ahead of FOMC Minutes.

Date: 21 May 2025
Author: Praveen Kumar | viecapital.blogspot.com

 Market Overview

The Dow Jones Industrial Average (DJIA) is approaching a critical resistance level of 42,800, a zone that's been respected multiple times recently. The index has staged a smart recovery from the 40,700 zone, rallying over 2,000 points in just a few weeks.

Now, all eyes are on today’s crucial economic event — the FOMC Meeting Minutes, which could trigger volatility as the Dow tests this key level.

Technical Setup

  • Key Resistance: 42,800
  • Key Support: 40,700
  • Indicators: Supertrend (Positive), RSI at 65, 50 DMA at 41,500

Current Price: 42,677.24 (as of writing)

A breakout above 42,800 could target 43,500, while a rejection may pull the index back towards 41,800–41,500.

Trade Setup

Scenario Trade Plan Stop Loss Target(s)
Bullish Breakout Buy above 42,830 after confirmation 42,600 43,200 / 43,500
Reversal Sell-Off Sell below 42,600 if rejected at 42,800 42,800 42,200 / 41,800

 Event Risk Alert

The FOMC Minutes release at 2:00 PM EST could trigger sharp swings. Recommendations:

  • Trade with strict stop losses
  • Avoid overleveraging
  • Partial profit booking near critical levels

Final Thought

Markets are sensitive ahead of the FOMC Minutes today. Trade cautiously, manage positions with disciplined stop losses, and track crucial levels. For more real-time trade ideas and post-event analysis, visit 👉 viecapital.blogspot.com


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I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…
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