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US30 Trading Into Major Resistance - Look For Dow Jones Retrace

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🔍 US30 Analysis: At the moment, I'm watching the US30 as it looks overextended 📈 and is trading into previous highs. 🧱 If you look left on the chart, it's approaching a key resistance level on both the weekly and daily timeframes.

I’m expecting a potential retracement 🔁 and monitoring for a bearish break of structure on the 30-minute timeframe ⏱️ as a possible setup for a counter-trend short 📉 — aiming for the imbalance zone visible on that timeframe.

📏 Drawing a Fibonacci retracement from the recent swing low to high, the 50% equilibrium 🔄 lines up perfectly with the imbalance area, adding confluence to the idea.

📚 This is shared for educational purposes only and should not be considered financial advice 💼.

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