US30 | Bearish Momentum Remains Below Key Resistance

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US30 | Bearish Momentum Remains Below Key ResistanceUS Wall St 30OANDA:US30USDSroshMayiUS30 | Bearish Momentum Remains Below Key Resistance The Dow Jones came under pressure following renewed geopolitical tensions and weaker-than-expected earnings from Tesla, weighing on overall market sentiment. The index has already dropped around 500 points from our previous outlook, respecting the bearish scenario we highlighted. Technically The index remains under bearish pressure while trading below 51940–51840. As long as price remains below this zone, the bearish trend is expected to continue toward 51700, followed by 51410. However, a recovery and 1H candle close above 51950 would invalidate the bearish outlook and support a bullish correction toward 52160 and 52410. Support: 51700 – 51410 – 51000 Resistance: 51950 – 52160 – 52410