US30🚨 US30 Trade Outlook 11/03/2025 🚨
📊 Market Structure & Key Levels
The Dow Jones (US30) remains in a downtrend, with price currently attempting a retracement after a strong bearish move. The market structure suggests that sellers are still in control, but a temporary pullback could be in play before further downside.
🔍 Key Observations:
✅ Bearish Trend – Price continues to trade below key moving averages.
✅ Major Resistance – 43,021.31 level is a key supply zone.
✅ Support Retest – Price bounced from the 41,717.11 - 41,491.21 demand area.
🎯 Trade Idea:
If price rejects resistance at 42,021 - 42,176, a short opportunity could emerge, targeting 41,717.11 and 41,491.21. However, a break above 42,176 could lead to a bullish retracement towards 43,021.31.
💡 Patience is key. Wait for confirmations. Manage risk wisely! 🔥