US30 Eyes 46,200 Support as Bulls Prepare for Next Leg Higher!Hey Traders,
In today’s session, we’re monitoring US30 for a potential buying opportunity around the 46,200 zone. The Dow Jones remains within a clear uptrend, and price is currently in a healthy correction phase, approaching a key confluence of support and trendline structure near 46,200.
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US30 remains in a broader bearish trendThe US30 futures advanced on Monday, recovering from Friday’s pullback as investors shifted back into risk assets following reports of a softer stance from former President Trump on China. This improved sentiment led to short-term buying across U.S. equity futures.
Technical Analysis
Technically,
US30: Triangle breakout signal deeper sell move
📉 US30 Analysis: 4-Layer Resistance, Bearish Imbalance & Triangle Breakout | TradingView
The SPREADEX:DJI just printed a clean bearish breakout from a symmetrical triangle pattern on the 30-minute chart 🕒.
What makes this setup stand out is the 4-layer resistance zone perfectly overlapping with
DowJones trend change? Key resistance zone at 46262Key Support and Resistance Levels
Resistance Level 1: 46262
Resistance Level 2: 46476
Resistance Level 3: 46700
Support Level 1: 45433
Support Level 2: 45253
Support Level 3: 45025
This communication is for informational purposes only and should not be viewed as any form of recommendation as
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