US30 – MARKET OUTLOOK | Testing Key Support Zone Amid Bearish Pressure 🇺🇸
The Dow Jones is testing the 47,400 support zone, with downside pressure still dominant.
A 1H close below 47,400 would confirm continuation toward 47,090 → 46,920.
However, a 1H close above 47,620 may trigger a bullish rebound toward 47,920 → 48,000.
Pivot: 47,565
Support: 47,400 · 47,100 · 46,920
Resistance: 47,670 · 47,920 · 48,000
US30 remains bearish below 47,565, but a breakout above 47,620 could shift momentum to bullish.
The Dow Jones is testing the 47,400 support zone, with downside pressure still dominant.
A 1H close below 47,400 would confirm continuation toward 47,090 → 46,920.
However, a 1H close above 47,620 may trigger a bullish rebound toward 47,920 → 48,000.
Pivot: 47,565
Support: 47,400 · 47,100 · 46,920
Resistance: 47,670 · 47,920 · 48,000
US30 remains bearish below 47,565, but a breakout above 47,620 could shift momentum to bullish.
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.