Today, US30 is expected to consolidate between 44270 and 43900 until a breakout occurs.
The price has stabilized below the zone between 44,400 and 44,270, indicating a potential decline toward the 43,900 and 43,760 levels. A break below these levels would likely trigger a further drop toward the 43,350 level, However, before this decline, the price may undergo a correction toward the 44,270 level.
Alternatively, if the correction continues toward the pivot level at 44,400 and successfully breaks it, the bullish momentum is likely to strengthen significantly.
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.