The breakout of US30 through the 30994.0000 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 31189.1992 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
ASX 200 is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
A Channel Up pattern was identified on ASX 200 at 8381.3, creating an expectation that it may move…
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on DOW 30 1 hour chart beginning at 43346.73 and ending at…
After trying numerous times in the past, DOW 30 finally breaks 43334.1797!
DOW 30 has breached the support line at 43334.1797. It may continue the bearish trend towards 43176.8516, or,…