๐จ US30 Market Outlook โ 25/03/2025 ๐จ
๐ Structure Overview
US30 continues its bullish climb, now trading near a key resistance zone at 42,631. The recent rally from the 41,460 - 41,530 support zone has been strong, but momentum is slowing near this resistance.
๐ Key Observations:
โ Bullish Momentum โ Price riding above EMAs with clean higher highs/lows.
โ Major Resistance โ Sitting just under 42,631, with the next levels at 42,787 - 43,021.
โ Support Zone โ Strong demand seen around 41,460 - 41,530, which sparked the current rally.
๐ฏ Trade Scenarios:
๐น Bullish Bias if price breaks & holds above 42,631, targeting 42,787 - 43,021.
๐ป Bearish Pullback possible if rejection at current level, with potential drop to 42,100 - 41,800.
๐ Outlook Summary:
US30 remains bullish, but extended. Watch for either a clean breakout above resistance or a pullback to key support. Volume and structure will confirm the next move.
๐ Structure Overview
US30 continues its bullish climb, now trading near a key resistance zone at 42,631. The recent rally from the 41,460 - 41,530 support zone has been strong, but momentum is slowing near this resistance.
๐ Key Observations:
โ Bullish Momentum โ Price riding above EMAs with clean higher highs/lows.
โ Major Resistance โ Sitting just under 42,631, with the next levels at 42,787 - 43,021.
โ Support Zone โ Strong demand seen around 41,460 - 41,530, which sparked the current rally.
๐ฏ Trade Scenarios:
๐น Bullish Bias if price breaks & holds above 42,631, targeting 42,787 - 43,021.
๐ป Bearish Pullback possible if rejection at current level, with potential drop to 42,100 - 41,800.
๐ Outlook Summary:
US30 remains bullish, but extended. Watch for either a clean breakout above resistance or a pullback to key support. Volume and structure will confirm the next move.
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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.
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.