US30-Bearish Momentum in Play as DowJones Drops Below Pivot Zone
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US30 Analysis – February 25, 2025 🔻 Bearish Momentum in Play as Dow Jones Drops Below Pivot Zone
US30 has continued its downward movement, as previously anticipated. The price remains below the pivot line (43,765) and has already tested the support at 43,350. However, to confirm further downside toward 42,770, the price must break below 43,212 with a 4H candle close.
🔹 Technical Outlook: 📉 Bearish Scenario: As long as US30 remains below 43,760, the downward pressure is expected to continue. A 4H candle close below 43,212 will confirm a bearish continuation toward 42,770.
📈 Bullish Reversal: Stability above 43,212 will lead to a range-bound movement between 43,212 and 43,765 until a breakout occurs. A 4H candle close above the pivot zone (43,765) is required for the bullish trend to resume.
⚠️ Directional Bias: Currently, US30 is consolidating within the 43,212 – 43,765 range. A break below 43,212 will confirm the bearish trend continuation.
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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.