US30 For Swing Traders: Switching to the Daily that is in Bullish (directional) Market Bias, a Bearish Pressure Zone formed earlier this week to push the market down.
Take notice of the blue dotted line at the low of the bearish Spinning Top. It was placed there to indicate that if a bearish candle does not breach and "clear" past that blue dotted line, then there will be no follow through to the downside. A bullish candle showed up for the rally to resume.
Take Profit Projections to the Upside: 42, 598 - Start of the S&R Zone 42,704 - High of the Inside Day for a Breakout 42,819 & 42,874 - Swing Highs as Resistance Areas
US30 The 4-Hour is in Bearish (directional) Market Bias, but could flip to its opposite, once the bulls rise from the S&R Zone to cross above the Bullish Trendline (in green dotted line).
If that happens, the bulls can "sweep" away to breach all of the 7 Swing Highs (as dark purple lines) that seem bundled together.
Also, a Double Inside Day showed up on the Hourly, which signals that a BIG move is coming.
*Side Note: Each time the bulls breach a Swing High, the higher it goes, so if they manage to do a candle close on 7 Swing Highs, it will seem like an ongoing bullish trend.
The Dow appears deceptively stable—hovering near highs while underlying fundamentals shift. But don't confuse silence with strength. This isn’t growth-driven; it’s rotation-induced inertia.
As cyclicals lose steam and defensive names lead, the Dow's resilience may reflect sector distortion more than economic optimism. With tariffs looming, CPI incoming, and no credible rate cut on the table, the risk is asymmetric.
Watch for cracks beneath the surface. Market breadth remains weak. Once reality checks in—earnings compression, labor softness, or inflation stickiness—the Dow could underperform peers in a sharp rotation.
US30 For Swing Traders:
