๐ US30 (Dow Jones) โ 19 May 2025 Breakdown โ ๏ธ
The Dow just lost the key 42,300 level after struggling to hold above it, signaling momentum shift in the short term ๐งฏ
๐ Technical Breakdown:
๐ Current Price: 42,263
๐ป Support lost: 42,300
โ Lower high formed under 42,700
๐ EMAs starting to cross downward โ early signs of a short-term trend shift
After failing to hold above 42,700, price dropped aggressively and is now sitting right under previous structure support turned resistance.
๐ฅ Key Scenarios:
Bearish case ๐ด:
Rejection at 42,300โ42,350 = likely continuation toward 42,100 and 41,900
Clean break of 42,100 could open up a move to 41,600 zone
Bullish recovery ๐ข:
Reclaim 42,300 + strong close = chance to revisit 42,500โ42,700
Watch for a fakeout and EMA compression reset
๐ง Pro Tip:
โ ๏ธ Breakdowns below structure with confluence (e.g., EMA crossover + volume spike) often lead to momentum flushes
โก๏ธ Donโt fight the shift โ adapt fast
โก๏ธ Lower highs = sellers taking control
The Dow just lost the key 42,300 level after struggling to hold above it, signaling momentum shift in the short term ๐งฏ
๐ Technical Breakdown:
๐ Current Price: 42,263
๐ป Support lost: 42,300
โ Lower high formed under 42,700
๐ EMAs starting to cross downward โ early signs of a short-term trend shift
After failing to hold above 42,700, price dropped aggressively and is now sitting right under previous structure support turned resistance.
๐ฅ Key Scenarios:
Bearish case ๐ด:
Rejection at 42,300โ42,350 = likely continuation toward 42,100 and 41,900
Clean break of 42,100 could open up a move to 41,600 zone
Bullish recovery ๐ข:
Reclaim 42,300 + strong close = chance to revisit 42,500โ42,700
Watch for a fakeout and EMA compression reset
๐ง Pro Tip:
โ ๏ธ Breakdowns below structure with confluence (e.g., EMA crossover + volume spike) often lead to momentum flushes
โก๏ธ Donโt fight the shift โ adapt fast
โก๏ธ Lower highs = sellers taking control
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.