US30 Analysis & Market Impact – March 4, 2025
The price has dropped more than 1,000 points ahead of the tariff announcement, continuing its decline toward 43,212.
Bearish Momentum will persist as long as the price trades below the pivot zone at 43,212.
Technical Outlook
Bearish Scenario:
As long as the price remains below 43,212, it is expected to drop toward 42,920 and 42,770.
A 4H candle close below 42,770 would confirm further downside, targeting 42,588.
Bullish Recovery:
For buyers to regain control, US30 must close a 4H candle above 43,350, signaling a potential recovery. A sustained move above 43,350 would shift momentum toward 43,590.
Market Sentiment & Trade Impact
Investor sentiment remains fragile following Trump’s tariff announcement on Canada, Mexico, and China, increasing downside pressure on US indices.
The market is also reacting to China’s retaliation, imposing additional tariffs of up to 15% on some U.S. goods starting March 10.
Key Levels to Watch
Resistance: 43,350 | 43,590 | 43,770
Pivot: 43,212
Support: 42,920 | 42,770 | 42,588
️ Directional Bias: Bearish as long as US30 remains below 43,212.
However, geopolitical developments and market reactions to tariffs may drive increased volatility.