US30 Consolidation remains firmly within a strong bullish trend

Sep 24

The US30 has recorded a new high zone, extending its rally as markets continue to react positively to supportive macroeconomic conditions. Optimism is being driven largely by expectations of Federal Reserve interest rate cuts, while strong consolidation in the broader market further underpins sentiment.

A Price action remains firmly within a strong bullish trend as long as the index trades above 46,000. Sustained momentum above this key support level is likely to open the path towards the 47,200 resistance zone, potentially paving the way for further upside in the near term.

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Sep 25

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