US30 remains in a broader bearish trend

14 ott

The US30 futures advanced on Monday, recovering from Friday’s pullback as investors shifted back into risk assets following reports of a softer stance from former President Trump on China. This improved sentiment led to short-term buying across U.S. equity futures.

Technical Analysis

Technically, the US30 remains in a broader bearish trend, with the recent bounce seen as a potential pullback toward resistance As long as price holds below key resistance levels, the bias remains bearish, and a reversal to the downside is likely.

Resistance zone: 46,000 – 46,300
Support levels: 45,200 → 44,500

A rejection from resistance could confirm continuation of the downtrend, targeting the support zones mentioned above. However, a break and close above 46,300 would invalidate the bearish structure and open the way for further upside momentum.

You may find more details in the chart.
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15 ott

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