Entry 46216.29
SL 46386.27
TP 45962.07
This is a short setup on US30:
The idea is to short at the rejection from the resistance zone / trendline.
Stop loss is placed safely above recent highs (46,386).
Target is near the previous support zone (46,091 → 45,962).
RSI momentum also supports bearish bias after rejection from overbought territory.
Fundamentally, the asset is currently overvalued against the Treasury Bond.
⚠️ Risk Note: US30 is highly volatile. Manage position sizing carefully.
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.
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.