US30 Bigger Picture - Make or Break Moment

US30 H4
Technical Outlook — 11 June, 2025

Market Context:

The Dow Jones (DJI) is currently consolidating around 42,730, forming a tight range near the "Previous Day High." Price action suggests a potential ascending triangle or consolidation pattern, indicating a crucial decision point for the short-term trend. The market is showing indecision at a key resistance cluster.

Key Levels & Trade Plan:

Resistance:
Immediate: ~$42,890 - $42,950 (Previous Day High / Upper consolidation boundary).
Major: ~$43,100 - $43,150.

Support:
Immediate: ~$42,700 - $42,750 (Lower consolidation boundary / Ascending trendline).
Strong: ~$42,545 - $42,600.
Lower/Previous Day Low: ~$42,280 - $42,390.

Trade Plan:

Bullish Breakout (Long):
Trigger: Clear 1-hour close above $42,950 with good volume.
Target: $43,100.
Stop Loss: Below breakout level (e.g., $42,850).

Bearish Breakdown (Short):
Trigger: Clear 1-hour close below $42,700 with strong selling volume.
Target: $42,600, then $42,390.
Stop Loss: Above breakdown level (e.g., $42,780).

Dip Buy (Long):
Trigger: Price holds $42,545 - $42,600 with bullish reversal.
Target: Resistance levels.
Stop Loss: Below the confirmed support.

Risk Management: Always use proper position sizing and set a stop loss.

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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.