US Wall St 30

US30 / Key Levels for Bearish Continuation or Bullish Breakout

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US30 Technical Analysis

The price has declined from the previously identified resistance line and is now approaching 42,125. A break below this level is necessary to continue the current trend.

Bearish Scenario: The price must break below 41,960 and stabilize beneath this level to extend the bearish move towards 41,560.

Bullish Scenario: US30 is likely to consolidate between 42,125 and 42,450. A breakout above 42,450 and subsequently 42,590 would strengthen the bullish outlook, targeting 42,770 and 42,910.

Key Levels:
Pivot Point: 42125
Resistance Levels: 42430, 42590, 42770
Support Levels: 41960, 41750, 41560

Trend Outlook:
- Bearish by stability below 42125
- Bullish by stability above 42450

PREVIOUS IDEA:
US30 Holds Bearish Bias Below Key Resistance Levels

Penafian

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