US Wall St 30
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US30 | Dow Jones Reversal? Bulls Defending Support!

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๐Ÿ“Œ Dow Jones at Critical Support โ€“ Will Bulls Step In?
๐Ÿ”ธ The US30 has been in a downtrend, with price testing a major demand zone at 42,250 - 42,500.
๐Ÿ”ธ Key market drivers:
โœ… Bond yields rising, pressuring equities.
โœ… Fears of delayed rate cuts impacting investor sentiment.
โœ… NFP report & Powellโ€™s testimony creating uncertainty.

๐Ÿ’ก Upcoming Catalysts
๐Ÿ”น Stronger-than-expected NFP data โ†’ Could delay rate cuts โ†’ Bearish for US30.
๐Ÿ”น Weaker jobs data โ†’ Could increase rate cut bets โ†’ Bullish for US30.

๐Ÿ” Technical Analysis (1H Timeframe)
๐Ÿš€ Key Levels & Market Structure
๐Ÿ”น Demand Zone: $42,250 - $42,500 (Strong support)
๐Ÿ”น Resistance Levels:
๐Ÿ”ธ $43,600 โ€“ First upside target.
๐Ÿ”ธ $44,704 โ€“ Major supply zone (potential reversal area).

๐Ÿ“ˆ Bullish Reversal Setup?
๐Ÿ“Œ Price is testing a high-probability support zone, indicating potential buyer interest.
๐Ÿ“Œ If price breaks above $42,750, we could see a rally toward $43,600 & $44,704.
๐Ÿ“Œ Bullish confirmation if price closes above $43,000.

๐Ÿ“Š Trade Plan
โœ… Bullish Scenario

Buy near support if price shows rejection.
Target 1: $43,600
Target 2: $44,704
Stop Loss: Below $42,200.
โŒ Bearish Alternative

If price breaks below $42,200, expect further downside.
๐Ÿ”ฅ Final Thoughts:
The Dow Jones is at a key support level โ€“ will bulls push back, or will sellers dominate? Comment below with your bias! ๐Ÿ“‰๐Ÿ“ˆ

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