US30 | Daily Technical Outlook
Market Structure
The US30 index is trading in a corrective phase after losing upside momentum near the 47,900 – 48,150 resistance zone. Recent price action shows a shift from a strong bullish advance into a period of consolidation, with lower-timeframe charts revealing increasing indecision and fading buyer strength.
Although the broader trend remains upward on the daily timeframe, the index is struggling to establish higher highs, suggesting bullish fatigue and the potential for a deeper pullback if buyers fail to regain control.
Key Resistance Zones
US30 currently faces strong resistance at:
- 47,900 – 48,150 (major rejection zone on H4 & Daily)
- 48,300 (short-term breakout level)
- 48,500 – 48,650 (upper supply zone)
A decisive break above 48,150 is required to restore strong upside momentum. Failure to break higher keeps the market vulnerable to continued consolidation or a downward correction.
Key Support Zones
Immediate support levels include:
- 47,600 – 47,650 (short-term support on M15/H1)
- 47,300
- 47,000 – 46,850 (major structural support)
A break below 47,300 would signal deeper bearish pressure and expose the market to the 47,000 – 46,850 zone, where buyers are expected to show stronger interest.
Expectations
Bullish Scenario (Alternative Bias)
If US30 holds above 47,600, buyers may attempt another push toward:
- 48,000
- 48,150
- 48,300
A breakout above 48,300 would confirm bullish continuation and open the way toward 48,500 – 48,650.
Bearish Scenario (Primary Bias)
Momentum currently favors a mild corrective move.
If 47,600 fails to hold, expect deeper bearish movement toward:
- 47,300
- 47,000 – 46,850 (key demand zone)
A close below 46,850 would indicate a shift toward a broader corrective trend.
Outlook
US30 remains in a bullish macro-trend but is showing clear signs of exhaustion beneath key resistance. Short-term charts confirm fading momentum and increasing selling pressure.
- A breakout above 48,150 is needed to resume the uptrend.
- A drop below 47,300 would confirm bearish continuation toward 47,000.
The index is currently in a neutral-to-bearish stance while awaiting new drivers, including U.S. economic data and market sentiment shifts.
