US30 4H : Under 37645 will drop

Updated
US30

New forecast

The index price lacked positive momentum and is oscillating around the 37645 area, waiting for stability below that level to confirm an exit from the sideways path, with an opportunity to fall instantly towards 37507, reaching additional stable support at 37163.

Therefore the downward scenario will be remain valid and effective during coming period , the moving average 50 try to break the price and support the price to drop , taking into account that stabilized above 37814 level will postponed the negative correction .

The expect range trading for today it will be between the resistance line 37814 and support line 37163 until stabilized .

Additionally Today ,New York sessions will affect on the Indices .

Additionally ,Today News will affect on the market .

support line : 37507 , 37334
resistance line : 37814 , 38124

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Trade closed: target reached
US30

The price perfectly fulfills my last idea and price reached to our first target +130 pip and still running .

If you want to hold put SL at entry .
Trade active
Note
US30

The price perfectly fulfills my last idea and price reached to our first target +245 pip and still running so our last idea is still available .

If you want to hold put SL at entry .

Attention !! Today news will affect on the market be carefully.
Trade active
Technical IndicatorsSupport and ResistanceTrend AnalysisUS30us30analysisus30shortus30signal

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