Dow Jones / US30 Index: Support and Resistance Levels!
The PA in US30 has been a bit messy in the past 3 trading sessions if you were trading the lower timeframes. However, as we see on the chart, price managed to pull back after reaching the supply area at 35,700. For today, we are looking for a trading range of 35,000 at Monthly Pivot and 35,500. If the Monthly Pivot holds then look for intraday buy positions for another retest of the Supply zone.
Conversely, a breach below the Monthly pivot at 35,000 would expose further lows.
Conversely, a breach below the Monthly pivot at 35,000 would expose further lows.
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