US30 | Daily Technical Outlook
Market Structure
The US30 index is trading within a corrective phase after failing to sustain bullish momentum near recent highs. The market saw a sharp selloff from the upper range, followed by a rebound attempt that remains technically weak.
Across the H4 and Daily timeframes, price structure has shifted into a vulnerable state, with lower highs forming and momentum indicators still capped below key moving averages. Shorter timeframes (H1 and M15) show a recovery bounce, but this move currently appears corrective rather than impulsive.
Key Resistance Zone
Immediate resistance is located at 49,100 – 49,300, a key supply zone created by the recent breakdown and prior consolidation. Selling pressure is expected to re-emerge around this area.
Additional resistance levels:
- 49,600
- 50,000 – 50,100 (major bearish rejection zone)
As long as US30 trades below 49,300, upside momentum remains limited.
Key Support Zone
Primary support is holding at 48,700 – 48,900, where buyers have recently stepped in to stabilize price action.
A decisive break below 48,700 would expose deeper downside targets:
- 48,200
- 47,600 – 47,800 (major structural support)
Failure to hold the 47,600 zone would signal a broader bearish continuation.
Expectations
Bearish Scenario (Primary)
The prevailing structure favors downside continuation while price remains capped below 49,300.
A break below 48,700 would likely accelerate selling pressure toward 48,200, with extension risk toward the 47,600-support zone.
Bullish Scenario (Alternative)
A sustained recovery above 49,300 would indicate short-term stabilization and open the door toward:
- 49,600
- 50,000 (key level that must be reclaimed to neutralize bearish pressure)
Without a break above these levels, upside moves are expected to remain corrective.
Outlook
US30 remains under pressure following its recent breakdown from highs. While short-term rebounds are possible, the broader structure stays fragile below 49,300. A break under 48,700 could trigger another leg lower, while only a recovery above 50,000 would restore a more constructive bullish outlook.
