The breakout of US30 through the 25811.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of US30 to test 24607.6992 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
DOW 30 – approaching a price line that has been previously tested numerous times in the past
DOW 30 is moving towards a resistance line. Because we have seen it retrace from this level in…
CAC 40 is quickly approaching a very important level it has previously tested numerous times in the past
The movement of CAC 40 towards 7798.7002 price line is yet another test of the line it reached…
Nikkei 225 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 2 days.
Rising Wedge pattern identified on Nikkei 225 has broken through a support level with the price momentum continuing…