US30: Supply zone holds. Stoch RSI rolling over. Short 51700.

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US30: Supply zone holds. Stoch RSI rolling over. Short 51700.Dow Jones Industrial Average CashFX:US30Elibri_EugenπŸ“Š Trade Plan: πŸ”» Entry: 51700 πŸ›‘ Stop Loss: 52330 🎯 Take Profit 1: 51330 (trendline support) 🎯 Take Profit 2: 50880 πŸ“‰ Technical Picture (H4 & Daily): Supply Zone: The 51830–51930 supply zone was tested again and rejected. Sellers defended β€” strong resistance. Stoch RSI: Rolling over and exiting overbought territory. Momentum is turning β€” exhaustion signal locked in. Trendline Support: First target sits at the rising trendline around 51330. A break below opens the path to 50880. πŸ—žοΈ Fundamental Note: US equities are losing steam as hawkish Fed expectations weigh on risk appetite. Markets now price a 58.5% chance of two rate hikes in 2026, pushing bond yields higher. Dow futures are off their peaks as investors reduce exposure ahead of Friday's Core PCE data. The shift from "Fed easing" to "higher for longer" is capping upside across indices. ❌ Invalidation: A daily close above 52330 reclaims the supply zone and voids the short setup.