US30 – Short-Term Correction Expected After Record High

Oct 6

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

Oct 7

Trade active

US30 – Overview

US30 remains in a neutral-to-bullish setup, consolidating near its upper range as traders await confirmation for the next directional move.

Technical Outlook

A 1H close above 46,925 would confirm bullish continuation, targeting 47,090 → 47,200.

However, if price stabilizes below 46,925, bearish momentum could build toward 46,600.

Pivot: 46,925
Resistance: 47,090 – 47,200
Support: 46,610 – 46,400

Oct 9

Trade closed: target reached

US30 – Overview | Key Levels & Market Tone

The Dow Jones (US30) followed our previous projection perfectly, dropping to test the correction support area around 46,630.
Currently, the market is showing signs of stabilization and could attempt a rebound from this zone.

As long as price trades above 46,630, the bullish momentum remains valid, targeting 46,810 → 46,925.
However, a 1H close below 46,630 would confirm a bearish correction toward 46,400, and a sustained move below that level would expose 46,000 as the next bearish target.

📊 Pivot Line: 46,630
🔼 Resistance: 46,810 · 46,925 · 47,090
🔽 Support: 46,510 · 46,400 · 46,000

📈 Outlook:
Above 46,630 → continuation toward 46,925–47,090
Below 46,630 → correction toward 46,400–46,000