US30 Outlook: Bearish Below 41,970 Amid U.S. Election Volatility

US30 Technical Analysis
Sustained stability below 41,970 will reinforce the bearish trend, potentially driving the price toward 41,750. Further stability below this level could extend the decline to 41,560.

Bearish Scenario: A firm hold below 41,970 signals a continuation of the bearish trend, with targets at 41,740 and subsequently 41,560.

Bullish Scenario: Conversely, a breakout above 42,130 would indicate a shift to a bullish trend, aiming for 42,290 and 42,450.

Key Levels:
Pivot Point: 41970
Resistance Levels: 42130, 42290, 42450
Support Levels: 41750, 41560, 41340

Trend Outlook:
- Bearish by stability below 41970
- Bullish by breaking above 42130

previous idea:
US30 / Consolidation Zone with a Bearish Bias
dowjonesdowjonesindustrialSupport and ResistanceTrend AnalysisTrend LinesUS30

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