DOW — TLI Research (2026-10-02)

Summary

DOW (Dow Inc.) — TLI new coverage with signs of a reversal forming. Five waves up followed by three down are complete; now buyers need to step in and hold a higher low. Flip the 50 WMA at $30 to support, then focus on the confluence at $42 (recent highs + 200 WMA). Breaking above $42 would give a higher high and enter the Bull Case.

TLI Analysis — Key Levels & Timeline

2026-10-02 — email #104085 — Reversal Signs, Flip 50 WMA $30

Subject: $DOW Type: Text-based coverage post.

• $DOW is starting to show signs of a reversal
• Five waves up followed by three down — now need buyers to step in and hold this higher low
• Want to see the price flip the 50 WMA at $30 to support
• Then turn focus to the confluence level at $42, where recent highs align with the 200 WMA
• Breaking above $42 would give a higher high, and the price would enter the Bull Case
• This would remove any doubts about a deeper pullback

Position Context

• Conviction: ⭐⭐ — new coverage, early reversal setup
• Key levels: $30 (50 WMA flip to support), $42 (confluence: recent highs + 200 WMA, Bull Case trigger)
• Role: Chemicals / materials cyclical
• Strategy: Higher low hold → flip 50 WMA $30 → breakout $42 = Bull Case

Price Check

• 2026-10-02 — $27.59 (+0.18%). Below 50 WMA $30. Watching for higher low and flip to support.