US30 price repeats support test ?

83
Hello everyone,

Dow Jones 4H NEW FORECAST


๐Ÿ“ˆ Bullish Scenario (Uptrend)
If the Dow Jones stays above 43,555, it indicates a continuation of the uptrend.
Next target:
43,820 โ†’ First resistance level.
Break & hold above 43,820 (with a 4-hour confirmation) โ†’ Stronger bullish momentum.
Further bullish target:
43,945 โ†’ Next major resistance level.
๐Ÿ’ก Key Takeaway: If remains above 43,555, expect a rise toward 43,820. Breaking 43,820 with confirmation can push prices toward 43,945.

๐Ÿ“‰ Bearish Scenario (Downtrend)
If the Dow Jones drops below 43,555 and stays there for 4 hours, it confirms a bearish trend.
Next target for the decline:
43,320 โ†’ First support level.
Break & hold below 43,320 โ†’ Stronger bearish momentum.
Further bearish target:
43,040 โ†’ Next major support level.
๐Ÿ’ก Key Takeaway: If Price falls below 43,555, expect a decline toward 43,320. Breaking 43,320 with confirmation increases the chance of falling to 43,040.

๐Ÿ“Œ Simple Summary:
โœ” Above 43,555 โ†’ Expect an uptrend toward 43,820 โ†’ If 43,820 holds, target 43,945
โœ” Below 43,555 โ†’ Expect a downtrend toward 43,320 โ†’ If 43,320 breaks, target 43,040
โœ” Break above 43,820 with confirmation โ†’ Strong bullish continuation
โœ” Break below 43,320 with confirmation โ†’ Strong bearish continuation

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.