Lingrid

US30 FALL after strong growth

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
In my previous forecast, it was said that after breaking through a strong support line, the price should return to this line and then rise.


As we can see, the price did not even need a large correction - almost immediately after the breakout, it went up.
This was expected as the support line is very strong and has existed since 2008. The fact that the price was able to break through it minimally and then rise was a good sign.


As a result of its growth, the price even managed to break through the support level. But now she has reached the line of resistance.
I expect that in the near future the price will reverse from this line and begin to fall. In this case, I expect a target - the support level of 27457.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

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