SELL for US30 – Target 43,000 - 43,300 by the End of the Week

The Dow Jones Industrial Average (US30) has formed a bearish structure on the 4H timeframe, signaling a potential decline toward the 43,000 - 43,300 zone by the end of this week and Early Next Week. The chart highlights key technical resistance levels and a downside Fibonacci extension target, supporting a short position.

Technical Analysis
Bearish Indicators
Rejection at Key Resistance (44,650 - 44,892)

US30 failed to break above 44,650 - 44,892, confirming a bearish rejection.
The price is struggling near the EMA 33 high (44,600), indicating weakness.
Bearish Fibonacci Setup

The price has broken below the 0.618 Fibonacci retracement level of the previous rally.
The 1.618 Fibonacci extension projects a downside move toward 43,253.
Bearish Volume Confirmation

A large bearish volume spike confirms strong selling pressure.
This suggests institutional traders are offloading long positions.
EMA Resistance & Breakdown Pattern

The price is trading below the short-term EMAs (44,600 & 44,426), acting as dynamic resistance.
A potential bear flag breakdown is forming, increasing downside risk.
Trade Setup – Short Position
📉 Sell Entry: 44,450 – 44,560
🎯 Take Profit (TP):
Target 1: 43,781 (first major support)
Target 2: 43,300 (end-of-week target)
Final Target: 43,000 (extended bearish move)
🔴 Stop Loss (SL): 44,900 (above resistance)