US30

The US30 moves inside a downtrend in the one-hour timeframe. It is currently being traded around level 41750 which is a horizontal resistance level in the one-hour timeframe, which by rebounding down from it will support continuing the downtrend and will target level 41200 then 41000. The RSI indicator shows the probability of rebounding down off around current levels and continuing the downtrend by moving around level 50. 

The bearish scenario will be canceled by breaking up through level 42900.

 

Resistance levels:

41750, 42100, 42460, 42835

Support levels:

41200, 41000, 40790, 40345