🚨 US30 Trade Outlook 11/03/2025 🚨
📊 Market Structure & Key Levels
The Dow Jones (US30) remains in a downtrend, with price currently attempting a retracement after a strong bearish move. The market structure suggests that sellers are still in control, but a temporary pullback could be in play before further downside.
🔍 Key Observations:
✅ Bearish Trend – Price continues to trade below key moving averages.
✅ Major Resistance – 43,021.31 level is a key supply zone.
✅ Support Retest – Price bounced from the 41,717.11 - 41,491.21 demand area.
🎯 Trade Idea:
If price rejects resistance at 42,021 - 42,176, a short opportunity could emerge, targeting 41,717.11 and 41,491.21. However, a break above 42,176 could lead to a bullish retracement towards 43,021.31.
💡 Patience is key. Wait for confirmations. Manage risk wisely! 🔥
📊 Market Structure & Key Levels
The Dow Jones (US30) remains in a downtrend, with price currently attempting a retracement after a strong bearish move. The market structure suggests that sellers are still in control, but a temporary pullback could be in play before further downside.
🔍 Key Observations:
✅ Bearish Trend – Price continues to trade below key moving averages.
✅ Major Resistance – 43,021.31 level is a key supply zone.
✅ Support Retest – Price bounced from the 41,717.11 - 41,491.21 demand area.
🎯 Trade Idea:
If price rejects resistance at 42,021 - 42,176, a short opportunity could emerge, targeting 41,717.11 and 41,491.21. However, a break above 42,176 could lead to a bullish retracement towards 43,021.31.
💡 Patience is key. Wait for confirmations. Manage risk wisely! 🔥
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.