The Dow Jones Industrial Average (US30) is currently on an upward trajectory, showing strong bullish momentum on the 15-minute chart. As it continues to rise, it is approaching a key resistance zone that has previously served as a turning point. Traders should watch this level closely, as the price may test and react to this resistance, potentially leading to a breakout or a consolidation phase. This anticipated rise towards the resistance zone signals a pivotal moment for US30's short-term direction, providing opportunities for strategic entries and exits based on price action around this area.
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