US30 has broken through a resistance line of a Triangle and suggests a possible movement to 35376.5286 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Related Posts
DAX 40 keeps moving closer towards 22176.0000. Will it finally breach this level?
DAX 40 is en route to a very important line that will be a definite deciding factor of…
Is the extremely large movement on ASX 200 a sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
DOW 30 has broken out from the Falling Wedge pattern. Expect it to hit 43125.5541 soon.
The last 9 4 hour candles on DOW 30 formed a Falling Wedge pattern and broken out through…