US30 (Wall Street) – 15M Bearish Continuation from Supply

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US30 (Wall Street) – 15M Bearish Continuation from SupplyWall Street CashIG:DOWV-E-R-U-MUS30 continues to respect the higher-timeframe structure after rejecting a major supply zone. The recent move into resistance appears to have been a liquidity grab, followed by a strong bearish reaction and a shift in short-term market structure. 🔍 Technical Outlook Price rejected the highlighted 15-minute supply zone with conviction. A liquidity sweep above the previous high attracted buyers before sellers stepped in. The break below the recent bullish structure suggests bearish momentum is building. As long as price remains below the highlighted supply, I remain bearish. 🎯 Potential Scenario I am expecting a continuation lower, with price potentially making a series of lower highs and lower lows before reaching the next demand zone around 51,300. Any retracement into the marked supply area that fails to break above it could provide confirmation for further downside. Patience is key—allow price to confirm the setup rather than anticipating the move. ⚠️ Disclaimer: This analysis represents my personal opinion and is shared for educational purposes only. It should not be considered financial or investment advice. Financial markets involve substantial risk, and all trading decisions should be based on your own analysis and risk management plan. Past performance does not guarantee future results.