#US30# (Dow Jones) Pivot Points
Current Price: 46,785
Daily Pivot (P): 46,363
Key Levels:
Resistance 3 (R3): 47,160
Resistance 2 (R2): 47,000
Resistance 1 (R1): 46,723
Pivot Point: 46,363
Support 1 (S1): 46,125
Support 2 (S2): 46,000
Support 3 (S3): 45,000
Trade Entry Strategy:
🔥 Long Entries: Buy on pullbacks to 46,250-46,400 support zone with initial targets at 47,000. A break above 47,000 would target 47,160-47,200 and potentially 48,000.
😣 Short Entries: Consider selling on rejection from 47,000-47,160 resistance zone with stops above 47,200 and targets at 46,400 then 46,000. However, the bullish seasonal trend in October favors long positions.
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