US30 4H : OUTLOOK

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US30

OUTLOOK

Most US indices decline ahead of the release of inflation data..


Technical abstract:

Although the index price formed mixed sideways trading yesterday, the general stability above the main ascending channel support, which is represented by the level of approximately 34400, constitutes an essential factor to confirm the bullish scenario for the upcoming trading.

We will continue to wait for the price to interact with the positivity of the main indicators, to facilitate the task of exceeding the 34765 level, and then begin scoring additional goals by first rushing towards 34885, and then let us wait for it to attack the stable obstacle at 35050, which in turn constitutes the key to resuming positivity for future period trading.


The expect range trading for today it will be between resistance line 34765 and support line 34595


Additionally , today New York season will affect on the US stock index futures.

support line : 34595 , 34275
resistance line : 34765 , 34885

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Trade geschlossen: Ziel wurde erreicht
US30

As we said from the previous idea the price will rise up and reach our target about +400 pip
Technical IndicatorsSupport and ResistanceTrend AnalysisUS30

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