US30 Market Update – 07/10/2025Dow Jones Industrial Average CashFX:US30h4rVey 📍 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 🚨 📊 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 🔑 Key Levels to Watch: 🔼 Resistance: 44,511 → critical for bulls to flip 🔽 Support: 44,220, if broken → next is 44,000 💡 Trade Setup Ideas: 🔻 Short Setup (Main Bias): Wait for rejection near 44,450–44,500 Entry trigger: Bearish engulfing or shooting star Targets: 44,250 → 44,000 SL: Above 44,600 🔹 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