US30 – Short-Term Correction Expected After Record High

US30 – Overview

The Dow Jones reached a new record high, but now shows signs of a short-term correction before the next move.
A minor pullback toward 46,680–46,610 is possible before the next directional breakout.

Technical Outlook

A break below 46,400 would confirm a shift to a bearish trend, with potential downside continuation.

On the other hand, a confirmed break above 46,925 would reinforce the bullish momentum, targeting 47,090 → 47,200 in extension.

Pivot: 46,925
Support: 46,680 – 46,600 – 46,400
Resistance: 47,090 – 47,200 – 47,350