US30 has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a target line to be around 25150.8008 within the next 6 hours.
Related Posts
It’s time to make a decision on DOW 30 – its recent breach of 43734.2383 could be a sign of a new trend to follow.
The price of DOW 30 in heading in the direction of 43426.1719. Despite the recent breakout through 43734.2383…
CAC 40 – It’s perhaps in these huge moves where the greatest opportunity lies
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 Triangle pattern. Expect it to hit 44171.6779 soon.
The breakout of DOW 30 through the resistance line of a Triangle could be a sign of the…