US30 | CPI and Geopolitics Set to Drive Today's DirectionUS Wall St 30OANDA:US30USDSroshMayi The Dow Jones is expected to experience high volatility as investors await today's U.S. Consumer Price Index (CPI) report while continuing to monitor geopolitical developments in the Middle East. The inflation data is expected to play a key role in shaping expectations for the Federal Reserve's next policy decision, while any new headlines related to U.S.-Iran tensions could further increase market volatility. ● Technically The market remains in a bearish structure while trading below the key decision zone at 54080. The price is currently attempting to retest 54080, where the next major direction is likely to be determined. • A 1H or 4H candle close below 53820 would strengthen the bearish outlook and expose 53360, followed by 53120 and 52860. • However, a 1H or 4H candle close above 54080 would invalidate the bearish scenario and support a bullish move toward 54280, followed by 54570. ● CPI Scenarios • CPI below 3.4%: Bullish for U.S. indices, with upside targets at 54280 and 54570. • CPI above 3.4%: Bearish for U.S. indices, increasing the probability of a move toward 53360. Support: 53820 - 53360 – 53120 – 52860 Resistance: 54080 – 54280 – 54570