US30 On the Hourly that is in Bearish (directional) Market Bias, a Three Methods Falling pattern formed. That pattern signals a bearish continuation. Let's see if the bears can breach the Swing Low with a close at 39,681 (or lower) for more moves to the downside.
US30 A new S&R Zone formed on the 4-Hour timeframe. That can be a block for the bulls to go up, above the Zone. But if they break through, then they can head for the Gap Down to close at 40,299.
Also, the Popgun is still in play for swings that move like a See-Saw. After the bull run, the last and final swing is to the downside.