US30 Bearish Momentum: Targeting Fresh Lows as Resistance Holds Firm

Bearish Technical Confluence Confirmed

Looking at the US30, the bearish trend is undeniable, and the market is flashing clear signals of continued weakness. We've seen a significant pullback of -0.42% in the last 24 hours, bringing the current price down to 44015.24. The daily range itself, from 43738.09 to 44292.38, paints a picture of sellers firmly in control, especially as we're trending towards the lower end of that range. My intraday analysis points to strong resistance around the 44050 and 44100 levels. Even the previous day's high at 44292.38 is now a formidable ceiling that the bulls are struggling to reclaim. The confluence is strong here; multiple timeframe alignment confirms that the path of least resistance is currently downwards.

Intraday Short Setup & Risk Management

Given this setup, I'm looking to initiate a short position on the US30. My entry point is set at 441