US30 Price close below Bullish reversal Then drop to 43,800
The US30 is currently in a consolidation phase after a strong bullish rally, but is now showing signs of weakness. The index is facing resistance near 44,700, and as long as the price remains below this level, the bearish correction is expected to continue.
If the price fails to break above 44,700 and closes below this resistance, we could see a push toward the support zones at 44,004 and 43,800. A bullish reversal may only be considered if the price successfully holds above 44,700 on a strong candle close.
For now, bearish bias remains intact unless a confirmed breakout occurs above key resistance.
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If the price fails to break above 44,700 and closes below this resistance, we could see a push toward the support zones at 44,004 and 43,800. A bullish reversal may only be considered if the price successfully holds above 44,700 on a strong candle close.
For now, bearish bias remains intact unless a confirmed breakout occurs above key resistance.
Ps Support with like and comments for more better analysis share with you Thanks for Supporting.
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Almost 1st Target done But Price will fall more ,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.