US30 4H : It looks will drop
Updated
US30
New forecast
The index price is still positioned at this moment below the resistance extending towards 36580, forming more sideways fluctuations with its stability below the 36261 level, confirming its inability to resume the upward attack during the current period. Let us expect the price to be attracted towards 35870, and by breaking it, the losses may extend towards 35494.
Therefore the downward scenario will be remain valid and effective during coming period , taking into account that stabilized above 36261 will help the price to rise up
The expect range trading for today it will be between the resistance line 36261 and support line 35870 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 35870 , 35494
resistance line : 36261 , 36580
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New forecast
The index price is still positioned at this moment below the resistance extending towards 36580, forming more sideways fluctuations with its stability below the 36261 level, confirming its inability to resume the upward attack during the current period. Let us expect the price to be attracted towards 35870, and by breaking it, the losses may extend towards 35494.
Therefore the downward scenario will be remain valid and effective during coming period , taking into account that stabilized above 36261 will help the price to rise up
The expect range trading for today it will be between the resistance line 36261 and support line 35870 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 35870 , 35494
resistance line : 36261 , 36580
Attention : We don't have any group in telegram be careful about scammer
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like❤️
Note
US30
Update
As the index price continues to fluctuate below the barrier represented by the 36261 level, trying to capture the negative momentum required to activate the bearish corrective path suggested previously, we are reminded that the negative targets are centered near the 35870 level, and by breaking this barrier, the 35494 level will form the next negative station for the current trading.
Therefore the downward scenario will be remain valid and effective during coming period ,However if the price exceeds the current barrier and remains above the 36261 level, this will increase the chances of it forming a new corrective upward impulse previously suggested.
The expect range trading for today it will be between the resistance line 36261 and support line 35870 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 35870 , 35494
resistance line : 36261 , 36580
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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