Short
over sold to over bought
right now we are seeing us30 rally (almost 600 points) this could be a scary sign for us30.
we have broken out of the descending channel but i dont think the will go to 33k just yet!
i think that us30 will go up 200 more points before we go down ///// we are currently about to hit a very strong resistance (hit over 6 times) this means we could indeed get rejected and head much lower
here are your selling points/ targets:
a good selling point is at 31,730
your first target/ second selling point is at 30,939
and your final target is at 30,151
if we do push above this resistance i will make another post giving you buying points and targets! /// i do think pushing above that resistance is likely not going to happen since we have been rejecting that area for a while now.
(TAKE THIS TRADE AT YOUR OWN RISK)
we have broken out of the descending channel but i dont think the will go to 33k just yet!
i think that us30 will go up 200 more points before we go down ///// we are currently about to hit a very strong resistance (hit over 6 times) this means we could indeed get rejected and head much lower
here are your selling points/ targets:
a good selling point is at 31,730
your first target/ second selling point is at 30,939
and your final target is at 30,151
if we do push above this resistance i will make another post giving you buying points and targets! /// i do think pushing above that resistance is likely not going to happen since we have been rejecting that area for a while now.
(TAKE THIS TRADE AT YOUR OWN RISK)
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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.