Insights 
VT 
Dow Futures short-term Elliott Wave analysis paints a promising picture of a nearing cycle completion. With wave (5) advancing, the index must surpass the 47,323 level to confirm this stage, offering potential bullish opportunities for traders.
Gold Remains A Stable Asset
Additional insights include gold’s recognized endurance amid fiscal challenges, maintaining its value as a stable asset. Dogecoin, stable at around $0.19 with whale accumulation, shows potential recovery towards $0.23 if weekly support holds. Market participants should be aware of trading risks and thoroughly research before investing. Personalized investment advice is not provided by FXStreet.
We see Dow Futures (YM) setting up for one last upward move to complete a cycle that began back in April 2025. This optimism is supported by recent September 2025 CPI data showing inflation cooling to 2.8%, reinforcing the view that the Federal Reserve will hold interest rates steady. The key is for the index to break its previous high of 47,323 to confirm this final push.
For traders, this means a short-term pullback is offering a potential entry for bullish positions, such as buying call options or going long on futures contracts. As long as the index holds above the critical pivot of 45,391, we should view any dip as a buying opportunity. With the market’s fear gauge, the VIX, hovering around a relatively calm 16, there is little sign of panic that would derail this upward trend.
US Dollar Weakness Aids Asset Strength
Beyond equities, the enduring appeal of gold is a key theme for us as it provides a necessary hedge. With the US national debt now exceeding $37 trillion, traders are rightly concerned about long-term fiscal stability. Data from the third quarter of 2025 confirms that central banks have continued their trend of being strong net buyers of gold, a pattern we have seen develop since the high inflation period of 2022.
The weakening US Dollar provides a tailwind for both stocks and commodities. Looking back, the Dollar Index (DXY) has retreated to the 103 level from its peak near 107 earlier this year, making dollar-denominated assets more attractive. This trend suggests continued strength in pairs like EUR/USD and adds fuel to the rally in equities and gold.
For those with a higher risk appetite, we are seeing constructive signs in speculative assets like Dogecoin. On-chain data reveals that wallets holding more than 10 million DOGE have increased their balances by over 5% this past month. This quiet accumulation by large players could support a move toward the $0.23 resistance level if broader market sentiment remains positive.
