ElenaMayi

US30 - Reversal from resistance

Short
EIGHTCAP:US30   Dow Jones Industrial Average Index
The US30 index price ended weekly trading on Friday on a noticeably positive note, closing the negative corrective route and initiating the main rising trend by breaking through and stabilizing above 39280 by daily candle. Since the market opened, it has been trading favorably and is now trying to reach the 39600 level. Also, if it can cross this level, we will get 39990. When it starts its correction toward down, it will touch 39425 or 39415.However, if it continues this correction and stabilizes under 39280, it will be bearish.

*Be aware that breaking the 39600 level is not easy and may push the price down.

Tendency: Long 39600
Target station: (39280, 39055, 38845).

about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%

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