US30:My target is $24100.
Daily chart is
Daily's Bollinger band is squeeze.I think that prices will touch -2 sigma line (current price:$23837) and create a partial rise.
4hr's chart is
4hr's Bollinger band ends expansion and five lines is downward. I think that -1 sigma line(current price:$24517) is resistance, and -2 sigma line (current price:$24079) is support.
Thus, I think Today stock market will continuation downward. However not a slump but a gradual decline.Today's my target is $24100.
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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.