Will Ford continue to downtrend today

Given the factors affecting Ford's stock price and the broader market conditions, it is likely that Ford's stock will continue to face challenges today. Here are the reasons:

1. **UAW Strike Impact**: The UAW strike has had a substantial impact on Ford's operations and financials, leading to production disruptions and increased costs. This strike has been a significant headwind for the company, potentially leading to a downturn in its stock price.
2. **Financial Strain**: Ford has been hit hard by the UAW strike, with estimated daily losses of $44 million. This financial strain could lead to a negative perception among investors, potentially causing the stock price to decline.
3. **Market Challenges**: The automotive industry is facing challenges, including supply chain disruptions and increased competition. These factors contribute to uncertainty in the market, which could lead to a downturn in Ford's stock price.
4. **Dividend Concerns**: Ford's dividend has been a point of concern, with the company spending $3.8 billion on dividends through the first half of the year. This level of dividend payout could be seen as unsustainable by investors, potentially leading to a sell-off and a downturn in the stock price.
5. **Strategic Uncertainty**: The company's strategic direction is uncertain due to the UAW strike and the impact on its EV plans. This uncertainty could lead to investor caution and a potential downturn in the stock price.

Given these factors, it is reasonable to expect that Ford's stock may continue to face challenges today.