US30 Technical Update – Jan 2, 2026 (1H)

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US30 Technical Update – Jan 2, 2026 (1H)Dow Jones Industrial Average CashFX:US30h4rVeyπŸ“ US30 Technical Update – Jan 2, 2026 (1H) US30 is now following through on the bearish scenario we discussed earlier πŸ‘€πŸ“‰. Price has lost 48,340, stayed below the EMAs, and is now trading around 48,220, confirming short-term bearish control. πŸ“Š What Changed Since the Last Update: πŸ”» Clean break & acceptance below 48,340 πŸ”» Price holding below fast + slow EMAs πŸ”» EMAs acting as dynamic resistance πŸ”» Structure shifted from higher lows β†’ lower highs This is no longer just a pullback β€” it’s a controlled retracement phase from highs. πŸ“Œ Key Levels (Updated): πŸ”΄ Resistance: 48,340–48,380 β†’ prior support turned resistance 48,480 β†’ EMA + structure resistance 48,760 β†’ major supply (bullish invalidation) 🟒 Support: 48,140 β†’ HTF demand (next magnet) 47,810 β†’ major range low 47,500 β†’ extreme demand / range bottom 🧠 Bias: πŸ“‰ Bearish intraday while below 48,340 πŸ“Š Expect pullbacks to sell, not breakouts πŸ“ˆ Bulls only regain control above 48,600+