US30 correction to channel and FALLThe price has been moving in an upward channel since March 2019. At the beginning of April 2021, it broke through the support line - the border of the 33530 channel. After that, it continued to grow and stopped at the resistance line 34329. This line of August 2020 regularly reverses the price. Now the price is again at the resistance 34854 and I expect a fall to the support line 33987. This will be our target.
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Us30-short
⚠️US30 start falling in channelAfter the breakdown of support 32348 at the end of March, the price rose to resistance at 33571.
And during the last month it has been moving along the line.
I am expecting a fall for the following reasons:
- strong resistance - line of the channel formed in September 2020
- no serious breakdowns (one - false - occurred in mid-April).
- The fact that the price has been moving along the line for a long time, but has not been able to break through it.
Target - 33606
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US30 FALL and back into channelDuring the uptrend, which began in June 2020, the price rallied, broke through the support line 29521. And thus returned to the main upward channel, which has existed on the chart since March 2019. The price returned to the channel in November 2020, and in March 2021 it came to its upper border - the resistance line of 33525.
The yen was strong enough to make a breakout, but I am convinced that this breakout will turn out to be false. I expect the price to fall, break the line again at 33817 and come to the June 2020 support line - 33170. This will be our target.
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US30 FALL after false breakoutIn November 2020, the price broke through the 29549 support line and thus returned to the main uptrend that had formed back in March 2019. During the growth in the trend, the price relied on the support lines formed in June 2020. However, at the end of March 2021, it broke through support 32252, after which it rose to the border of the channel.
Having touched the resistance line 33624, the price was able to break it, however, I expect this breakdown to be false, since the price has already returned to the resistance line. I expect it to fall, return to the channel and continue falling towards the 33059 support line. This will be our target.
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⚠️US30 falling in a growing channelSince September 2020, the price has been in an upward trend.
During this time, there was only one more or less serious breakdown of this trend (in October).
For the rest, the price follows the lines.
In the middle of the trend, two additional support lines have also formed.
I expect the price to fall from the trend line and resistance 33851.
It will hit support 33399, fix on it and continue to hit.
The target is 32,900.
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⚠️ US30 second touch of resistance and dropSince September 2020, the price has been moving in an uptrend.
In November, this turn also formed an additional support line from point 28891.
The price broke this line only twice in February and March 2021.
In March, the price broke through the line 31783 during the growth.
Then it rose to the resistance 33164.
Since March, the price has touched this resistance twice more.
After the last touch at point 33698, I expect a fall to support.
Target - 33268.
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⚠️ US30 fall in channelMy previous forecast is still valid.
Despite the fact that the price continues to move along the resistance, I expect a fall.
The price has been rising in an uptrend since September 2020.
Each touch of the resistance line ended in a collapse.
I expect the price to fall from support at 33524 to resistance this time too.
The target is 32701.
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Analysis NAS100Hello trader, would wait for a re entry and then take a sell..once the Nas100 finished retrace then continue with the buy after the sell. I will keep you guys updated. I see divergence higher timeframe. And hug GAPS and many more evidence . Thanks for Reading!
US30 reversal at the RESISTANCE line and FALLAt the end of February last year, the index collapsed from the resistance line of 29560. This collapse can be associated with the beginning of the pandemic (at the same time, gold rose strongly as a crisis asset). However, in March, investors returned to the index again and the price began to grow, thus forming an upward trend.
In November, the price broke through support at 29530 and returned to the main trend. In the trend, it rallied towards resistance 33496. I expect the price to fall from this point. It will break through the support lines 33015 and 32250 and come to the support trend line 31458. This will be our target.
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US30 FIX on RESISTANCE line and FALLThe uptrend continues within the June 2020 support line and the resistance line that has existed since 2019. At the same time, the price made a false breakdown of the trend - the support line - only once in November 2020.
After the price bounced off the support at 30621 in early March, it rose to the resistance at 33,147. And then, having worked out a small pullback, it fixed on the line at point 33262. From this point, I expect the price to fall to the support line. So my final target is support line 31563.
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US30 FALL after second breakoutThe uptrend of the price is supported by the support of the strong line that was formed in May 2020. Also, the line of August 2020 acts as an additional support for growth. Having pushed off from the zone within their limits of 30865, the price increased and in early March was able to break through the resistance line 32359.
This is a strong line of resistance since June 2020. After the first breakout, the price fell to the line, fixed on it and bounced again. However, I expect this breakout to be false too. I expect the price to break through the 32700 line, consolidate on it and fall to the 31888 support zone.
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US30 good position to open a SELL TRADEAs we can see on the chart, since November 2020, the price continues to move in an uptrend, using as a guide the younger support line, which also appeared in November. Resistance is the older line formed on the chart back in July last year.
And now, after a rise from the 30819 support zone and a false breakout, the price just dropped again to the resistance line at 32616. I expect a fall from this point and this is a good position to open a sell trade! I will never tire of reminding you of the importance of SL - look for it above the resistance line around 32808.
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US30 FALL after false breakdownTwo weeks ago, during a strong growth, the price was able to break through the resistance line 32468. And it moved above the line for several days. This resistance line appeared in July 2020. However, at the end of last week, the price returned to the resistance line and dropped behind it. Thus, she returned to the uptrend, which has been going on since May 2020.
The basis of the trend is the support line formed in May. And I expect that after the breakout of the resistance - which turned out to be false - and the return to the trend, the price will continue to fall. Thus, my final target is the support line 31547.
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US30 drop to supportThe price is in a growing channel.
This channel was formed in September last year.
All channel lines also appeared in September.
In addition to the main lines - support and resistance, there is another one in the middle of the channel.
This is the support line, which is the price correction zone.
At the beginning of the month, the price broke through support at 31938.
Growth ended at resistance 33081.
I expect the price to fall back to support from resistance.
The target is 32360.
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US30 FALL from RESISTANCE line to support lineFor the entire last year, starting in March 2020, the price of the index has shown a very strong and steady growth in an uptrend. The trend is guided by the resistance line and the support line formed also in March last year. At the same time, small breakouts can be observed on the chart, but they all turned out to be false.
Now the price is at the resistance line 33031, where it rose after a reversal at the support line. And I expect that now the price will bounce off the resistance and fall back to support. So my target is 31632.
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US30 fall in trendMy last prediction came true.
After a false breakout, the price followed the trend.
It has grown from support to resistance.
The price made a false breakdown of the resistance at 32491.
But she fell again.
Now she is back on a growing trend.
I expect the price to fall towards support.
The target is 31712.
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US30 have time to open a SALE TRADEAfter last November the price broke through the support line 27593 and continued to rise, it returned to the growing channel formed by the strong lines of July and May 2020. False breakout in November was the only one for the entire existence of the trend. In the process of growth in the trend, the price came to its upper line - the resistance line - 32447.
And from this point you can open a good sell deal. I expect that from a strong resistance line, the price will reverse in the fall and come to the support line. I never tire of reminding you of the importance of SL. Look for it around 32854.
Traders, if you liked this idea or have your own opinion about it, write in the comments. I will be glad👩💻
US30 reversal from RESISTANCE line and FALLThe index price continues to move within the uptrend. The direction of this trend is the May 2020 support line and the June 2020 resistance line. The lines are at an angle to each other and intersect outside the chart.
Now the price is at the resistance line 32059. This is a rather strong line, we can see that in recent months there has not been a single strong enough breakdown on it. Therefore, I expect the price to reverse from this line and fall towards the support line. So my final target is the support line 31216.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 FALL after FIX on resistance line Since June last year, the price has been moving in an uptrend, which is guided by two diverging lines. The last few months, starting in November 2020, the resistance line has become the main line for price movement. Since the price practically does not concern the support.
Regardless, I expect that after the price has made a false breakout and reversed from the 31607 resistance line, it will fall to the 30936 support line. This will be our target.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
