US30 Technical Overview – 06/17/2025

34
📍 US30 Technical Overview – 06/17/2025
The Dow is consolidating below resistance after failing to reclaim the 42,424 EMA zone. Sellers are defending this level, while 42,102 remains a key support.

🧠 Key Observations:

EMA rejection near 42,424 🔄

Lower highs forming = short-term bearish bias

Demand still holding at 42,102

📊 Price Zones:

🔼 Resistance: 42,424 → 42,605

🔽 Support: 42,102 → 41,947

📈 Trade Setup Ideas:
🔹 Long Bias:
 Break and hold above 42,424
 → Target: 42,605 → 42,793

🔻 Short Bias:
 Break below 42,102
 → Target: 41,947 → 41,894

🎯 Price is currently between key levels—wait for a breakout before committing to direction!

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.