The breakout of US30 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of US30 to test 26145.0138 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
CAC 40 likely to test 8088.0000 in the near future. Where to next?
The price of CAC 40 in heading back to the support area. It is possible that it will…
Could a large bearish move on ASX 200 be a sign of things to come?
Those of you that are trend followers are probably eagerly watching ASX 200 to see if its latest…
A possible move on Nikkei 225 as it heads towards resistance
Nikkei 225 is approaching the resistance line of a Channel Up. It has touched this line numerous times…