US30 stalls below the trendline ↔️
On the daily chart, US30 retested 51,600 and reached the descending trendline, where it’s now hovering just below. The index is trading near the EMAs, which are starting to flatten, a sign that the sideways move could continue.
If US30 breaks above the trendline, it may keep rising toward the immediate resistance at 52,800.
On the flip side, staying below the trendline could lead to a retest of the immediate support at 51,600.
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