good area i think be one trend until last support line and should come for second collision be smart and for entrance
Dowusd
easyMarkets Dow Jones Daily - Quick Technical OverviewThe DJIA index continues to slowly form higher lows, however it is currently struggling with key resistance near the 34500 level. In order to see further advances, a break of that area is required. We will then target the highest points of December and April 2022.
For the downside, a break of the short-term tentative upside support line would be needed. Also, a drop below the 33543 hurdle, which is the current lowest point of February, may clear the way to some lower areas.
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Long on DOWUSD is looking good for me. After several days of crush, the long position is looking possible due to the higher time frame descending channel. Also, in lower time frame, the descending channel is also forming. Thus, it may be the good confirmation to enter the long position
Dow..... Downside ....??Trading levels marked on chart
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