📉 US30 (Dow Jones) Update – May 22, 2025 ⚠️
Massive Breakdown Below 42,000 – Momentum Shift in Full Effect 🧨
🔎 Market Breakdown:
📉 Current Price: 41,803
💥 Major Support Lost: 42,000 ➡️ retested + rejected
🧵 Bearish structure confirmed – lower highs + breakdown of prior higher low
📉 9/21 EMAs sharply angled down, widening = increasing downside momentum
We're now back below key structure from early May, and that 41,770 zone is hanging by a thread. Volume uptick adds weight to the downside move 🔻
📊 Key Levels:
🧱 Immediate Support: 41,770
🔻 If that breaks → next target: 40,700, then 39,775
🔼 Resistance now flips to 42,000 and 42,300
🔥 Trade Outlook:
Bearish bias 🟥:
Below 42,000 = continuation expected
Any bounces into 41,900–42,000 may offer sell setups
Watch for clean break & close below 41,770 for acceleration
Bull case invalid unless:
Price reclaims 42,000 and flips it into solid support with volume ✅
🧠 Smart Money Take:
This is a classic supply re-entry zone. Buyers failed to hold higher structure and are now trapped → liquidity likely fueling this sell-off 📉
Don’t counter-trend guess too early! Wait for reclaim signals.
Massive Breakdown Below 42,000 – Momentum Shift in Full Effect 🧨
🔎 Market Breakdown:
📉 Current Price: 41,803
💥 Major Support Lost: 42,000 ➡️ retested + rejected
🧵 Bearish structure confirmed – lower highs + breakdown of prior higher low
📉 9/21 EMAs sharply angled down, widening = increasing downside momentum
We're now back below key structure from early May, and that 41,770 zone is hanging by a thread. Volume uptick adds weight to the downside move 🔻
📊 Key Levels:
🧱 Immediate Support: 41,770
🔻 If that breaks → next target: 40,700, then 39,775
🔼 Resistance now flips to 42,000 and 42,300
🔥 Trade Outlook:
Bearish bias 🟥:
Below 42,000 = continuation expected
Any bounces into 41,900–42,000 may offer sell setups
Watch for clean break & close below 41,770 for acceleration
Bull case invalid unless:
Price reclaims 42,000 and flips it into solid support with volume ✅
🧠 Smart Money Take:
This is a classic supply re-entry zone. Buyers failed to hold higher structure and are now trapped → liquidity likely fueling this sell-off 📉
Don’t counter-trend guess too early! Wait for reclaim signals.
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.
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.