US30 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 27780.4828 can be expected within the next 4 days.
Related Posts
ASX 200 formed a Channel Up on the 1 hour chart. Retest of support in sight.
ASX 200 is moving towards a support line which it has tested numerous times in the past. We…
Important resistance line being approached by US 500. This price has been tested numerous time in the last 9 days
US 500 is trapped in a Pennant formation, implying that a breakout is Imminent. This is a great…
If DOW 30 touches 42863.6289 it may be time to take action.
DOW 30 is heading towards a line of 42863.6289. If this movement continues, the price of DOW 30…