The breakout of US30 through the 31399.0000 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 31284.1992 within the next 10 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
After experiencing a 9.09% bullish move in the space of 36 days, nobody knows where CAC 40 is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
ASX 200 may be on a start of a new bullish trend after its breakout through this important resistance level
ASX 200 is once again retesting a key horizontal resistance level at 8402.9004. It has tested this level…
US 500 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
US 500 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price…