US30 4H : Under 33155 will drop
US30
New forecast
US stock index futures fell sharply during pre-opening trading on Monday for all standard US stock indices.
Technical abstract :
The price perfectly fulfills my last idea and price reached our target .
The index price recently presented some bullish corrective trades, trying to compensate for some losses by touching the 33570 level. We noticed a rapid rebound below the additional barrier positioned at 33251, thus confirming its surrender to the control of the previously suggested bearish tendency by settling at 33251.
Also, the 33600 level forms a second additional barrier that supports negative continuity. We will remain waiting for the price to succeed in gathering the negative momentum during the current period. to confirm the bearish trend should stable under 33155 this will facilitate the task of sneaking towards the stable negative target at 32890, and by breaking it, the losses may extend towards 32700 in the medium period trading.
The expect range trading for today it will be between the resistance line 33251 and support line 32890 until stabilized .
support line : 32890 , 32700
resistance line : 33251 , 33452
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
US stock index futures fell sharply during pre-opening trading on Monday for all standard US stock indices.
Technical abstract :
The price perfectly fulfills my last idea and price reached our target .
The index price recently presented some bullish corrective trades, trying to compensate for some losses by touching the 33570 level. We noticed a rapid rebound below the additional barrier positioned at 33251, thus confirming its surrender to the control of the previously suggested bearish tendency by settling at 33251.
Also, the 33600 level forms a second additional barrier that supports negative continuity. We will remain waiting for the price to succeed in gathering the negative momentum during the current period. to confirm the bearish trend should stable under 33155 this will facilitate the task of sneaking towards the stable negative target at 32890, and by breaking it, the losses may extend towards 32700 in the medium period trading.
The expect range trading for today it will be between the resistance line 33251 and support line 32890 until stabilized .
support line : 32890 , 32700
resistance line : 33251 , 33452
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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