🚨 US30 Trade Update – 15/04/2025 🚨
📊 US30 Testing Key Resistance!
The Dow is stalling just under 40,702, a critical resistance zone that has capped price multiple times. A breakout could spark continuation toward 41,500, but rejection here could drag price back toward 39,900 or even lower.
🔍 Key Observations:
✅ Strong recovery from 36,743 low
✅ Price consolidating just under resistance
🔺 Breakout above 40,702 opens path to 41,500
🔻 Support zone: 40,060 → 39,900
🎯 Trade Plan:
🔹 Long above 40,702 → Target 41,500
🔻 Short below 40,060 → Target 39,900
🔹 Range traders can fade the zone until breakout confirms
⚠️ Patience is key — this squeeze could go either way. Let price tip its hand.
📊 US30 Testing Key Resistance!
The Dow is stalling just under 40,702, a critical resistance zone that has capped price multiple times. A breakout could spark continuation toward 41,500, but rejection here could drag price back toward 39,900 or even lower.
🔍 Key Observations:
✅ Strong recovery from 36,743 low
✅ Price consolidating just under resistance
🔺 Breakout above 40,702 opens path to 41,500
🔻 Support zone: 40,060 → 39,900
🎯 Trade Plan:
🔹 Long above 40,702 → Target 41,500
🔻 Short below 40,060 → Target 39,900
🔹 Range traders can fade the zone until breakout confirms
⚠️ Patience is key — this squeeze could go either way. Let price tip its hand.
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.
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.