US30 – Overview | Bearish Momentum
The price retested its resistance zone and then reversed into bearish momentum.
As long as the index trades below 46,000, the bearish trend is expected to continue toward 45,690, and a 1H close below this level would extend losses toward 45,470.
To shift into a bullish trend, price must close a 1H candle above 46,000, which would open the way toward 46,120 → 46,250.
Pivot: 46,000
Support: 45,680 – 45,470 – 45,280
Resistance: 46,120 – 46,250 – 46,400
The price retested its resistance zone and then reversed into bearish momentum.
As long as the index trades below 46,000, the bearish trend is expected to continue toward 45,690, and a 1H close below this level would extend losses toward 45,470.
To shift into a bullish trend, price must close a 1H candle above 46,000, which would open the way toward 46,120 → 46,250.
Pivot: 46,000
Support: 45,680 – 45,470 – 45,280
Resistance: 46,120 – 46,250 – 46,400
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.