US30 4H waiting for the breakout

In yesterday's trading, the index price maintained its position above the additional stable support at 33040 , trying to compensate for some losses by rushing towards 33331. We would like to note that this rebound will not affect the main downward path due to the general stability below the stable barrier at 33522 , which contributes to confirming the dominance of the bearish tendency in the upcoming trading. .



Therefore, we recommend waiting for the price to break the stable support at 33040 , to open the door to resuming the negative attack, which may initially target 32942 and 32795 , respectively.


Pivot Price: 33040
Resistance Price: 33140 & 33331 & 33522
support price: 32942 & 32795 & 32660

The general trend expected for today: bearish with the breakout achieved


Chart PatternsHarmonic PatternsTrend AnalysisUS30US30-LONGus30-long-profitus30-sellus30-thesignalystarabic

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