Long
US30 About to Trade Higher?
Updated
From a Daily perspective, it looks like US30 have made its 5th Wave Down stopping right on the cycle-channel and MIDAS Curve finishing off wave 5. I think it's fair to say that the price of US30 is likely going to be pushing higher, at least on a short term basis.
Note
Price did push higher but failed to close above the bearish cyclical resistance. US30 is now hovering at cyclical support.
Note
U30 closed above resistance pressing higher.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.