US30| Bullish Continuation Expected, Targeting 43,338

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Full target +730 PIP, accoring my previous analysis

The Dow Jones is showing strong bullish momentum following a clean rejection from the rotating axis and a firm bounce off the 41,660 support zone. After reclaiming key levels, the price has now entered a short-term correction phase just below 42,520. This correction is healthy and expected, especially after such a strong upward move from the previous low.

Structurally, the market is forming higher lows, signalling a continuation pattern within the larger descending channel. The recent breakout above 42,445 flipped that level into support, reinforcing the bullish case. As long as the price holds above this area, I expect the next impulsive leg to target the 43,338 resistance level, a zone that has previously acted as a major barrier.

We’ve seen consistent rejection from this upper band in the past, but the current price action suggests the bulls are gaining control. A successful retest of support in the current zone would likely fuel the next push toward my target at 43,338.


Bullish target: 43.015, 43.338, 44.125
Bearish target: 42.445, 41660, 40695



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