Despite the decline, there are signals on the Dow Jones chart indicating a possible upcoming change in direction.
At a higher time interval, an ascending wedge continues to form. A downward corrective wave [iv] has been formed in this movement by this moment. Once this wave is completed, the formation of an upward wave [v] should be seen.
According to a smaller time-frame, the market moves within the ABC zigzag. Currently, the price is completing the formation of the wave (c) apparently and the price movement may move into a new wave formation.
To summarize, at the moment the Dow Jones chart is maintaining a downward movement vector. However, the corrective wave is in the final stage of formation.
In this situation, long positions are prioritized.