US Wall St 30

Price Action Analysis: Resistance Test and Bearish Targets

283
Technical Analysis

Today's price is expected to test the resistance zone before initiating a bearish movement.

However, as long as the price remains below 43,620 and 43,760, it is likely to drop towards 43,350 and 43,210. A break below these levels could extend the downward move further to the 42,770 area.

Key Levels:
Pivot Point: 43600
Resistance Levels: 43720, 43900, 44110
Support Levels: 43350, 43210, 42970

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