US30 | Elliott Wave Bearish StructureUS 30CAPITALCOM:US30crossresearchThe Elliott Wave indicator is currently showcasing a bearish structure on US30, with price trading below the key invalidation zone highlighted on the chart. The candle state has also shifted bearish, confirming a weaker short-term structure and increasing the probability of continuation to the downside. As long as price remains below the highlighted invalidation level, the bearish count remains active, and a new bearish leg could develop from here. A break back above invalidation would weaken the current bearish scenario and force a reassessment of the wave structure. Current bias: Bearish while below invalidation. Scenario: Potential continuation into a new downside leg. Invalidation: Highlighted level above price.