US30 / Reached ATH, then downside or yet...Futures Inch Up with Focus on Interest Rates and Nvidia Results
The price reached its all-time high as we anticipated yesterday before pulling back. The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs.
Stability above 41365 will support a rise towards 41760.
Stability below 41365 will favor a decline towards 41030, with a move below this level indicating a bearish trend for the week.
Key Levels:
Pivot Line: 41180
Resistance Levels: 41365, 41450, 41720
Support Levels: 41030, 40810, 40480
Expected Trading Range Today: The price will likely fluctuate between support at 40800 and resistance at 41430.
Trend: Bearish as long as the price remains below 41345.
previous idea: