📉 US30 (Dow Jones) – 19 May 2025 Breakdown ⚠️
The Dow just lost the key 42,300 level after struggling to hold above it, signaling momentum shift in the short term 🧯
🔍 Technical Breakdown:
📍 Current Price: 42,263
🔻 Support lost: 42,300
❌ Lower high formed under 42,700
📉 EMAs starting to cross downward – early signs of a short-term trend shift
After failing to hold above 42,700, price dropped aggressively and is now sitting right under previous structure support turned resistance.
🔥 Key Scenarios:
Bearish case 🔴:
Rejection at 42,300–42,350 = likely continuation toward 42,100 and 41,900
Clean break of 42,100 could open up a move to 41,600 zone
Bullish recovery 🟢:
Reclaim 42,300 + strong close = chance to revisit 42,500–42,700
Watch for a fakeout and EMA compression reset
🧠 Pro Tip:
⚠️ Breakdowns below structure with confluence (e.g., EMA crossover + volume spike) often lead to momentum flushes
➡️ Don’t fight the shift — adapt fast
➡️ Lower highs = sellers taking control
The Dow just lost the key 42,300 level after struggling to hold above it, signaling momentum shift in the short term 🧯
🔍 Technical Breakdown:
📍 Current Price: 42,263
🔻 Support lost: 42,300
❌ Lower high formed under 42,700
📉 EMAs starting to cross downward – early signs of a short-term trend shift
After failing to hold above 42,700, price dropped aggressively and is now sitting right under previous structure support turned resistance.
🔥 Key Scenarios:
Bearish case 🔴:
Rejection at 42,300–42,350 = likely continuation toward 42,100 and 41,900
Clean break of 42,100 could open up a move to 41,600 zone
Bullish recovery 🟢:
Reclaim 42,300 + strong close = chance to revisit 42,500–42,700
Watch for a fakeout and EMA compression reset
🧠 Pro Tip:
⚠️ Breakdowns below structure with confluence (e.g., EMA crossover + volume spike) often lead to momentum flushes
➡️ Don’t fight the shift — adapt fast
➡️ Lower highs = sellers taking control
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.