US30 | Technical Overview
U.S. indices look ready to extend Friday’s strong rebound as investor sentiment improves, with markets increasingly expecting a Fed rate cut in December.
Meanwhile, geopolitical headlines continue to develop, as the U.S. and Ukraine work on a “refined peace framework” aimed at progressing negotiations with Russia.
Technical Outlook
US30 currently maintains a bullish momentum as long as the price trades above the 46260 pivot line.
Holding above this level supports a continuation toward 46410, followed by 46600.
A 1H or 4H close below 46260 will activate bearish pressure, targeting 45975, and possibly lower if selling momentum strengthens.
Overall, the index still shows bullish pressure under current market conditions.
Key Levels
Pivot Line: 46260
Resistance: 46410 · 46600 · 46910
Support: 46000 · 45680
U.S. indices look ready to extend Friday’s strong rebound as investor sentiment improves, with markets increasingly expecting a Fed rate cut in December.
Meanwhile, geopolitical headlines continue to develop, as the U.S. and Ukraine work on a “refined peace framework” aimed at progressing negotiations with Russia.
Technical Outlook
US30 currently maintains a bullish momentum as long as the price trades above the 46260 pivot line.
Holding above this level supports a continuation toward 46410, followed by 46600.
A 1H or 4H close below 46260 will activate bearish pressure, targeting 45975, and possibly lower if selling momentum strengthens.
Overall, the index still shows bullish pressure under current market conditions.
Key Levels
Pivot Line: 46260
Resistance: 46410 · 46600 · 46910
Support: 46000 · 45680
Trade active
US30 | Technical Overview Moving Well exactly as we mentioned
US30 is currently undergoing a bearish correction toward the 46250 level.
A break below this level would open the path toward 45975, and deeper pressure may extend the move toward 45680.
However, if the price stabilizes above 46250, the bullish trend is expected to continue, targeting 46600.
A confirmed break above 46600 would initiate the next bullish leg toward 46910, with potential extension to 47080.
Key Levels
Pivot Line: 46410
Support: 46250 · 45975 · 45680
Resistance: 46600 · 46910 · 47080
Trade closed: target reached
Technical Overview US30 pushed higher exactly as expected, gaining nearly 2% More than 800 pip profit, and maintaining strong bullish momentum.
Technical Outlook
As long as the price trades above the 47080 pivot line, the bullish trend remains intact, with upside targets at 47460, followed by 47570 and 47850.
A corrective pullback from 47460 toward 47080 is possible, but the structure remains bullish while above the pivot.
🔽 Bearish Scenario:
To activate a bearish trend, the price must close a 1H or 4H candle below 46920, which would open the move toward 46600 and 46400.
Pivot Line: 47080
Resistance: 47460 · 47570 · 47850
Support: 46920 · 46600 · 46400
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.