US30 technical analysis today. The Dow Jones is trading at historic highs after a strong rally that has lasted for weeks, supported by strong corporate earnings and a temporary easing of inflation concerns. As the market approaches the release of the Federal Reserve minutes, technical expectations are growing for a possible test or even a break of the record resistance levels near 43,000.
US30 technical analysis today: Technical Overview
The index is currently trading near 42,985 points after a rebound from the support at 42,720. The price structure remains clearly bullish on the H1 timeframe, with higher highs and lows forming. The price is currently testing the upper boundary of the ascending channel, which means today’s session could be crucial in determining a breakout or corrective rebound.
Technical Indicator Analysis:
- Moving Averages: The price is above the 20, 50, and 100-day moving averages, reflecting the dominance of the positive trend.
- The MACD: shows continued upward momentum despite the lines converging, which may indicate that the market is approaching a decision.
- The Stochastic: is moving into overbought areas and is beginning to decline, enhancing the possibility of a momentary correction.
Expected Scenarios for Today:
Potential Upside:
- If 43,050 is breached and holds above it, the upside may extend toward 43,250 and then 43,480, as new historical resistance points.
Corrective Downside:
- If the breach of 43,000 fails and reversal candles appear, the price may return to the support at 42,720, then 42,465. A break of this area will push the index toward 42,150.
Trading strategies based on Buy/Sell levels
| US30 | In case of buying | in case of selling |
| Entry point | 42435.0 | 42318.0 |
| Target Point 1 (TP1) | First resistance: 42526.0 | First support: 42226.0 |
| Target Point 2 (TP2) | Second resistance: 42600.0 | Second support: 42150.0 |
| Stop Loss (SL) | 42318.0 | 42435.0 |
The Dow Jones is trading near historical resistance levels, making today’s session crucial. A break above 43050 could open the way for new highs, while a failure to hold above it will lead to a natural correction within the overall uptrend. We advise traders to exercise caution until the Fed minutes are released, and to closely monitor price action at both 43000 and 42720.
Impactful Economic Releases – Wednesday, May 22, 2025:
- US Federal Reserve Meeting Minutes at 9:00 PM Mecca Time.
- Any hint in the minutes of a tightening or easing policy could trigger a violent movement in the indicators.
- Markets are also following the speeches of Federal Reserve officials this week to confirm the general direction of monetary policy.
