US30 Overview:
Nasdaq futures and Nvidia slide following new U.S. restrictions on chip exports to China, increasing market uncertainty.
Technical Outlook:
The Dow Jones may attempt to retest 40850. A confirmed breakout above this level would support a bullish continuation toward 41310 and 41560.
However, if the price closes below 40235 on the 1H or 4H chart, it would signal a bearish move targeting 39620 and 39130.
Key Levels:
• Pivot: 40480
• Resistance: 40850, 41310, 41560
• Support: 40090, 39620, 39130
Nasdaq futures and Nvidia slide following new U.S. restrictions on chip exports to China, increasing market uncertainty.
Technical Outlook:
The Dow Jones may attempt to retest 40850. A confirmed breakout above this level would support a bullish continuation toward 41310 and 41560.
However, if the price closes below 40235 on the 1H or 4H chart, it would signal a bearish move targeting 39620 and 39130.
Key Levels:
• Pivot: 40480
• Resistance: 40850, 41310, 41560
• Support: 40090, 39620, 39130
Trade active
🔴 DOW JONES DROPS 750 POINTS AHEAD OF UNITEDHEALTH EARNINGSUnitedHealth, a major Dow Jones company, reported earnings below expectations, adding more pressure to the index.
The bearish trend is also being pushed by ongoing tariff tensions, which could continue to weigh on market sentiment.
If a 1-hour candle closes below 39,130, the downtrend may continue toward 38,770, and possibly 37,780.
But if Trump doesn’t release any new statement on tariffs, the price may just move sideways between 39,130 and 39,612 until a breakout.
Key Levels:
🔹 Pivot: 39,130
📉 Support: 38,770 – 38,375 – 37,780
📈 Resistance: 39,612 – 40,235
Trade closed: target reached
Still has a bearish trend as long as trades below 38770
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
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.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
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.