📊 US30 - Key Breakout Scenario
If the price successfully breaks and holds above the 42,656 level, we could consider opening a relatively risky long position. This level has previously acted as a resistance, and a confirmed breakout may indicate bullish continuation.
However, due to recent price volatility and lack of strong impulsive momentum, the entry would be...
Potential Risky Long Setup
If the price breaks and holds above 41,160, a risky long position could be considered. This path is illustrated with the blue line on the chart.
For a more reliable entry, we need to see the market retest the 41,392 level once more. If we get a third reaction from this level, we’ll wait for a clear trigger to go long. This potential...
Dow Jones Technical Outlook:
Currently, the Dow Jones remains within a broader bearish structure 📉, trading near the lower boundary of its descending channel.
Nonetheless, the formation of higher highs and higher lows on the daily and 4H timeframes ⏰ suggests that a potential bullish reversal may be developing 🔄.
The 40,700 – 40,300 range is a key decision zone...
If the price breaks and holds below the psychological level of 39,000 — which is also a weekly resistance — we may see the 37,000 and 36,000 levels. However, it depends on the next weekly candle
