US30 – Market Overview
US30 dropped nearly 600 points yesterday ahead of the announcement of new tariffs, adding pressure to the broader market.
Technical Outlook
Bearish Scenario:
While price remains below 44170, bearish momentum is favored, targeting 43960.
A confirmed break below 43960 would likely extend the decline toward 43630.
Bullish Scenario:
A 1H close above 44170 would shift the bias to bullish, targeting 44360 and possibly 44470.
Support: 43960 – 43630
Resistance: 44360 – 44470
US30 dropped nearly 600 points yesterday ahead of the announcement of new tariffs, adding pressure to the broader market.
Technical Outlook
Bearish Scenario:
While price remains below 44170, bearish momentum is favored, targeting 43960.
A confirmed break below 43960 would likely extend the decline toward 43630.
Bullish Scenario:
A 1H close above 44170 would shift the bias to bullish, targeting 44360 and possibly 44470.
Support: 43960 – 43630
Resistance: 44360 – 44470
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.