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US30 4H :Ends the downward path

US30

New forecast

The price perfectly fulfills my last idea and we gout about + 70 pip and still running .


The index price confirmed that it recently exceeded the 33776 level, announcing the end of the downward path. We note that it is currently attacking the neck level centered at 34045 to try to find an outlet to restore the upward bias again.

Therefore we still favor the upward trend scenario will be remain valid and effective .and stabilized above 33767 It will increase the chances of the price exceeding the current target 34045, and this will open the door to reaching many positive milestones that may start from 34306.taking into account that stabilized under 33767 will put the price under sell pressure again .

The expect range trading for today it will be between the resistance line 34045 and support line 33767 until stabilized .

Additionally ,Today New York sessions will affect on the Indices .

support line : 33767 , 33600
resistance line : 34045 , 34306

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Technical IndicatorsSupport and ResistanceTrend AnalysisUS30us30analysisus30longus30signal

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