Where US30 Is headed to next?

Us30 has taken bearish hits since the beginning of this year. If it stays below $33,480 and continues back to the lows at 29,670 and further, we could see further decline.

Not only for US30, but for the stocks within the index. Before that happens price could pullback towards 32,500 giving the buyers some opportunity and hopes of recovery. That's just a thought until it happens.

For now, the Dow is bearish and if there is hopes of true recovery price will have to push up pass 33,480 and continue up from there.