US30 DOW JONES analysis potencial drop
Hi traders, price is curently moving in runing flat pattern and i expect nice reverse on US30 but momentum is still strong so I think that we can first see retest of trendline and new all time high around 31500. Anyway i put trendline there so if price will reverse sooner i will know. Wait for price action on lower tf before selling, becouse buy momentum is still strong! Lets crush 2021! Good luck!
Note
We have our rejection, i want to see price pushing lower and break that trendline and confirm move with correction
Note
Price should not stop at trendline! It has to break it
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.