US30 (Dow Jones) Technical Breakdown – 1H Chart (Mar 18, 2026)Dow Jones Industrial Average CashFX:US30h4rVey📍 US30 (Dow Jones) Technical Breakdown – 1H Chart (Mar 18, 2026) Current price: 47,260 📈 Market is showing a strong recovery bounce after forming a base around 46.2K–46.5K demand. 📊 Market Structure 🔻 Previous bearish trend losing momentum 🔺 Higher lows forming → early bullish structure shift 🔺 Price reclaiming EMAs → momentum building This looks like a potential trend transition, not just a bounce anymore 👀 📌 Key Levels 🔹 Resistance: 47,416 → immediate resistance (current test) 47,800 → next structure level 48,200 → major resistance 🔹 Support: 47,080 → intraday support 46,900 → higher low zone 46,532 → key support 46,305 – 46,242 → major demand 🧠 Bias 📈 Bullish above 47,000 📉 Bearish if 46,900 breaks Momentum currently favors continuation upward.