US30 Intraday Short: Navigating Sideways Action at Key Resistance

US30ShortIntraday3h ago4 views

Trade Setup

Entry Price

44136.00

Stop Loss

44434.00

Take Profit

43541.00

Risk : Reward

1 : 2.00

RiskReward

Hey KoraFX community, Jason White here, coming to you from Miami. The US30 has been in a bit of a tricky, sideways trend recently, and I'm watching it closely for an intraday opportunity. Currently, the Dow is trading around 44076.01, down -0.28% over the last 24 hours, well within its daily range of 43890.03 to 44261.99. While "the trend is your friend," sometimes that friend needs a clear direction, and for now, we're seeing some consolidation.

Technical Read & Setup


My analysis points to a potential short setup on the US30. We've seen resistance around the 44150 and 44200 levels, with the day's high touching

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