The price continues to move down, but the Dow Jones chart shows signs that the downward momentum is likely to end soon.
The medium-term movement vector of Dow Jones indicates the formation of a Triple Three wave structure. Now the formation of the wave [xx] is completed and the beginning of an upward movement within the wave [z] is expected.
The Double Three wave structure is being formed on the highest time-frame on Dow Jones. After the completion of the corrective structure, the price may resume a more directional movement.
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.
Alternative scenario
Short positions will be relevant after the breakout of the current wave start level