US30 Market Update – 07/10/2025

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US30 Market Update – 07/10/2025Dow Jones Industrial Average CashFX:US30h4rVey πŸ“ US30 Market Update – 07/10/2025 The bounce attempt failed and sellers are still in control 🐻 Price attempted a reclaim above 44,511 but got rejected again and is now consolidating beneath the EMAs 🚨 πŸ“Š What We’re Seeing: Lower highs forming below 44,600 Rejection wicks near EMA levels (bearish pressure) EMA ribbon is now resistance zone (20 EMA < 50 EMA) Key intraday support held at 44,220, but barely πŸ”‘ Key Levels to Watch: πŸ”Ό Resistance: 44,511 β†’ critical for bulls to flip πŸ”½ Support: 44,220, if broken β†’ next is 44,000 πŸ’‘ Trade Setup Ideas: πŸ”» Short Setup (Main Bias): Wait for rejection near 44,450–44,500 Entry trigger: Bearish engulfing or shooting star Targets: 44,250 β†’ 44,000 SL: Above 44,600 πŸ”Ή Long Setup (If Bulls Step In): Must reclaim and close above 44,600 on 1H Look for strong bullish candle with follow-through Targets: 44,800 retest SL: Below 44,400