US30 - The UPTREND Still Has Room To Run

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US30 - The UPTREND Still Has Room To RunUS 30CAPITALCOM:US30Paradise_NoirUS30 is trading around 52,670, and the broader structure continues to favor the UPSIDE. Price remains firmly inside an Ascending Channel, while recent pullbacks have been absorbed without damaging the bullish structure. That tells me buyers are still controlling the market rather than simply reacting to SHORT-TERM weakness. From a fundamental perspective, the Fed kept rates unchanged and maintained a cautious stance on inflation, but Wall Street still managed to hold its ground after the meeting. That resilience matters. It suggests equity demand remains intact, even with tighter monetary conditions still in the background, and US30 continues to benefit from that underlying strength. On the chart, the 52,250–52,500 area remains the key support zone. It lines up with the lower side of the ascending structure and the Ichimoku base, giving the market a solid platform to build from. As long as price continues to hold above this area, the path toward 53,000–53,250 remains open. My preferred scenario is to stay with the trend. If buying pressure continues and US30 clears the resistance above, the move could extend further toward the upper boundary of the channel. In short, the structure is still BULLISH, buyers continue to defend the trend, and the market still has room to push higher.