baigxy

US30 long

Long
baigxy Updated   
FX:US30   Dow Jones Industrial Average Index
For past 2 weeks the price was consolidating around the strong weekly resistance around 35120, looking at Macd there seems to be hidden bullish divergences, so we are ending a week with price above the strong resistance, therefore, in next week we can expect the price to squeeze out and head for a bullish direction making a new high record.
Comment:
Price is testing the trend line now, the price may or may not break the trendline, but looking at the day time frame, the price is still trying to make hidden bullish divergences...
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