From the above figure. US30 is forming a descending triangle. There si also a gap that wasn't completely filled. I can see US30 breaking the below the descending triangle and move in the downtrend to close the gap If you are with my analysis please smash the like button and consider following me following for more US30 and other indices analysis
As it can be illustrated from the graph, the price has successfully rejected the 0.726 area of resistance. we can see that the price has broken out of the ascending channel pictured on the chart and a huge wick candlestick pattern has re-tested the broken structure. From here, we are expecting for the price to keep dropping and reach the target portrayed on the chart.
From the picture above we can see that the market has broken below the 4-hour diagonal trendline. i am expecting the market to move in a downtrend. if you agree swith my predictions please smash and like button and follow for more analysis on NAS100 or US100
As shown from the chart we see a rising wedge forming on the 15mins chart. If it breaks, we can see some down movement happening. if you like my analysis please like and follow for more analysis on NAS100