US30 – Overview
The Dow Jones reached a new record high, but now shows signs of a short-term correction before the next move.
A minor pullback toward 46,680–46,610 is possible before the next directional breakout.
Technical Outlook
A break below 46,400 would confirm a shift to a bearish trend, with potential downside continuation.
On the other hand, a confirmed break above 46,925 would reinforce the bullish momentum, targeting 47,090 → 47,200 in extension.
Pivot: 46,925
Support: 46,680 – 46,600 – 46,400
Resistance: 47,090 – 47,200 – 47,350
The Dow Jones reached a new record high, but now shows signs of a short-term correction before the next move.
A minor pullback toward 46,680–46,610 is possible before the next directional breakout.
Technical Outlook
A break below 46,400 would confirm a shift to a bearish trend, with potential downside continuation.
On the other hand, a confirmed break above 46,925 would reinforce the bullish momentum, targeting 47,090 → 47,200 in extension.
Pivot: 46,925
Support: 46,680 – 46,600 – 46,400
Resistance: 47,090 – 47,200 – 47,350
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.