US30 | Daily Technical Outlook
Market Structure
The Dow Jones (US30) is showing clear signs of short-term weakness after failing to sustain its latest rebound attempt. Price action across the lower timeframes reflects a sequence of lower highs, while the H4 chart confirms fading bullish momentum beneath recent swing peaks.
On the daily timeframe, the broader structure remains relatively stable, but upside momentum has slowed significantly, and price is now consolidating below the 50,000 psychological regions. Sellers are gradually regaining control after repeated rejection from higher levels.
Key Resistance Zone
The nearest resistance stands at 49,800 – 50,100, where recent rallies stalled and selling pressure re-emerged.
Additional resistance levels:
- 50,500
- 50,900 – 51,000 (major psychological & structural resistance)
As long as US30 remains below 50,100, upside attempts are likely to face renewed selling pressure.
Key Support Zone
Immediate support is located at 49,400 – 49,500, which is currently being tested on lower timeframes.
A breakdown below 49,400 would expose deeper downside targets:
- 49,000
- 48,600 – 48,800 (strong H4 support zone)
A sustained move below 48,600 would signal a broader corrective phase on the daily chart.
Expectations
Bearish Scenario (Primary)
Momentum favors further downside as long as price remains below 50,100.
A confirmed break below 49,400 could accelerate the decline toward 49,000 and potentially 48,600.
Bullish Scenario (Alternative)
A recovery above 50,100 would signal renewed buying interest, opening the path toward:
- 50,500
- 50,900 – 51,000
However, bulls must reclaim 50,100 decisively to invalidate the current short-term bearish pressure.
Outlook
US30 is trading under increasing downside pressure after failing to hold recent highs. While the broader daily structure has not fully turned bearish, short-term momentum favors sellers. A break below 49,400 could trigger a deeper pullback, whereas reclaiming 50,100 is required to restore bullish momentum.
