US30 – Overview | Futures Rise as Trump Softens Tone on China
U.S. stock index futures advanced Monday, recovering from Friday’s pullback, as investors shifted back to risk assets following President Donald Trump’s softer stance on China.
Trump signaled a more measured approach, easing concerns over trade escalation after previously announcing steep tariffs and export restrictions tied to rare earth controls.
Market sentiment improved modestly, though caution remains as investors await further clarity on policy direction and upcoming U.S. data.
Technical Outlook
The Dow Jones maintains a bearish bias while trading below the pivot zone at 46,000.
As long as the price holds under this level, momentum favors downside toward 45,680 → 45,470, with increased pressure if a 1H candle closes below 45,680.
A 1H close above 46,120 would shift sentiment to bullish, targeting 46,400 → 46,630, potentially confirming a short-term reversal.
Pivot Line: 45,920
Resistance: 46,120 · 46,400 · 46,630
Support: 45,680 · 45,500 · 45,285
Summary:
US30 remains bearish below 46,000, with a possible retest of key supports at 45,680–45,470.
A break above 46,120 would invalidate the bearish view and open the way for a recovery toward 46,400.
U.S. stock index futures advanced Monday, recovering from Friday’s pullback, as investors shifted back to risk assets following President Donald Trump’s softer stance on China.
Trump signaled a more measured approach, easing concerns over trade escalation after previously announcing steep tariffs and export restrictions tied to rare earth controls.
Market sentiment improved modestly, though caution remains as investors await further clarity on policy direction and upcoming U.S. data.
Technical Outlook
The Dow Jones maintains a bearish bias while trading below the pivot zone at 46,000.
As long as the price holds under this level, momentum favors downside toward 45,680 → 45,470, with increased pressure if a 1H candle closes below 45,680.
A 1H close above 46,120 would shift sentiment to bullish, targeting 46,400 → 46,630, potentially confirming a short-term reversal.
Pivot Line: 45,920
Resistance: 46,120 · 46,400 · 46,630
Support: 45,680 · 45,500 · 45,285
Summary:
US30 remains bearish below 46,000, with a possible retest of key supports at 45,680–45,470.
A break above 46,120 would invalidate the bearish view and open the way for a recovery toward 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/
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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.