US30 | New ATH, Is a Correction Coming Before the Next Rally?

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US30 | New ATH, Is a Correction Coming Before the Next Rally?US Wall St 30OANDA:US30USDSroshMayiUS30 | New ATH Recorded, But a Correction Toward 50,770 Remains Possible The Dow Jones recorded a fresh All-Time High as strong economic sentiment and continued optimism around major U.S. companies supported the market. However, after reaching new highs, the index appears vulnerable to a short-term correction before deciding its next directional move.. Technically: Below 51160 bearish correction toward 50960 – 50770 Break below 50770 may extend losses toward 50430 Above 51160 bullish continuation toward 51375 – 51600 – 51900 • Pivot: 51160 • Support: 50960 – 50770 – 50430 • Resistance: 51375 – 51600 – 51900