Signal US30 Sell — H1 - July 16, 2026 11:05 GMT-4
On the US30 H1 chart, the market has been carving lower highs since the 52865 peak, with the most recent candles consolidating below the 52800 resistance. Open‑high‑low‑close patterns show a bearish engulfing on the 52832.9‑52860.9 bar, followed by a pull‑back that failed to break the prior high, indicating weakening momentum. Volume has tapered from the earlier surge of over 14k contracts to sub‑2k levels, underscoring the lack of buying conviction. The 52700‑52720 zone now acts as a firm resistance, while the 52600‑52580 area provides a clear support corridor. Given the descending trend, diminishing volume, and failure to sustain above 52800,…