US30 – Head and Shoulders Pattern Signals Bearish Reversal SetupUS 30CAPITALCOM:US30Hellena_FxThe Dow Jones Industrial Average (DJIA) is displaying a classic Head and Shoulders formation on the 4H chart, suggesting a potential trend reversal. Price has broken below the neckline and is trading below the Ichimoku cloud, signaling growing downside pressure. 🔹 Pattern: Head and Shoulders 🔹 Current Price: ~$41,966 🔹 Breakdown Confirmation Level: ~$42,200 (neckline) 🔹 Target: ~$41,000 based on measured move 🔹 Technical Outlook: Bearish momentum building below neckline and cloud 🔹 Fundamentals: Market cautious ahead of macro data and Fed policy signals Bearish scenario developing – sustained price action below neckline could accelerate downside move toward target. 📉⚠️ Note :If you found this helpful, like and follow for more trade ideas! Share My Idea With Your Firends Mention Your Feed back Comment Section This is not financial advice. Please conduct your own research and manage risk accordingly.