US30 Signals Bearish Flag Pattern Critical Support at Risk of Breakdown

DOW JONES was down on Thursday morning after testing the high level of 42707 in the last trading session as the ADP employment report revealed just 37,000 private-sector jobs were added in May—well below forecasts and the weakest reading in over two years—amplifying fears that ongoing trade policy uncertainty is weighing on hiring. Further pressure came from the ISM services PMI, which showed the sector contracted in May for the first time in nearly a year.


Recent News

Market Analysis: Profit-Taking Leads to...

February 15, 2025

Market Insights

Nasdaq 100 Tests All-Time High Resistanc...

September 22, 2025

Market Insights

US30 Rebounds from Support Zone Eyeing R...

February 26, 2025

Market Insights

Gold struggles for direction as firmer U...

August 06, 2025

Market Insights

NASDAQ trading on 4HR TL

February 06, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window