US30 Holding Above 44,404 – Breakout to 45,099 or Pullback FirstUS30 (Dow Jones) Technical Analysis – February 18, 2025
The US30 (Dow Jones) is currently holding above the pivot line at 44,404, indicating a potential bullish move. The price is consolidating within an ascending channel, and as long as it remains above this pivot zone, the trend remains bullish.
Technical Outlook
Bullish Scenario: If the price holds above 44,404, it is expected to push higher toward 44,756. A breakout above 44,756 would confirm a continuation toward 45,099 and 45,323.
Bearish Scenario: If 44,404 fails to hold, a downside move toward 43,763 could occur. A confirmed break below 43,763 would push US30 further down to 43,212 and 42,769.
Key Levels to Watch
🔹 Pivot Point: 44,404
🔹 Resistance Levels: 44,756, 45,099, 45,323
🔹 Support Levels: 43,763, 43,212, 42,769
📈 Directional Bias: The price is expected to test 44,756 before deciding whether to break higher or reject toward 44,404. Holding above this level keeps the bullish trend intact.
💬 Will US30 break resistance for new highs, or pull back first? Share your thoughts! 👇🔥