US30 – Technical Analysis & Market Outlook (3 March)
Market Overview:
US30 is currently trading near a critical pivot zone around 43,867, where price action suggests a potential breakout or rejection. Recent price structure indicates consolidation within a tight range, awaiting a decisive move.
🔼 Bullish Scenario:
A confirmed break and 4H candle close above 43,900 would signal bullish continuation.
Key upside targets: 44,080 → 44,220 → 44,404.
A breakout above 44,404 could open the door for a push toward 44,750+.
🔽 Bearish Scenario:
Failure to break 43,900 or a strong rejection from this level could lead to a retracement.
A 4H close below 43,760 may confirm a bearish move toward 43,590 → 43,212.
Deeper bearish continuation may extend toward the 42,769 support zone if selling pressure intensifies.
📍 Key Levels to Watch:
🔸 Pivot Zone: 43,867
🔸 🔼 Resistance: 44,080 | 44,220 | 44,404
🔸 🔽 Support: 43,760 | 43,590 | 43,212
⚡ Outlook & Trade Plan:
As long as US30 holds above 43,760, the bullish bias remains valid.
A clean breakout above 43,900 could trigger a strong upside move.
A drop below 43,760 would shift momentum bearish, targeting lower supports.
⏳ Patience is key – wait for confirmation before entering positions!
📊 Do you agree with this setup? Drop your thoughts in the comments! 💬👇
Market Overview:
US30 is currently trading near a critical pivot zone around 43,867, where price action suggests a potential breakout or rejection. Recent price structure indicates consolidation within a tight range, awaiting a decisive move.
🔼 Bullish Scenario:
A confirmed break and 4H candle close above 43,900 would signal bullish continuation.
Key upside targets: 44,080 → 44,220 → 44,404.
A breakout above 44,404 could open the door for a push toward 44,750+.
🔽 Bearish Scenario:
Failure to break 43,900 or a strong rejection from this level could lead to a retracement.
A 4H close below 43,760 may confirm a bearish move toward 43,590 → 43,212.
Deeper bearish continuation may extend toward the 42,769 support zone if selling pressure intensifies.
📍 Key Levels to Watch:
🔸 Pivot Zone: 43,867
🔸 🔼 Resistance: 44,080 | 44,220 | 44,404
🔸 🔽 Support: 43,760 | 43,590 | 43,212
⚡ Outlook & Trade Plan:
As long as US30 holds above 43,760, the bullish bias remains valid.
A clean breakout above 43,900 could trigger a strong upside move.
A drop below 43,760 would shift momentum bearish, targeting lower supports.
⏳ Patience is key – wait for confirmation before entering positions!
📊 Do you agree with this setup? Drop your thoughts in the comments! 💬👇
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/
Related publications
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/
Related publications
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.