PEPPERSTONE:US30   Dow Jones Industrial Average Index
On the DAILY CHART...The Price broke the Daily Descending Channel's Resistance Line on the 24th of March and Traded back to it on the 7th of this Month turning it into support and The Price was heavily Distributed to the upside Seeking the Buyside Liquidity and got rejected on the H4 Descending Trendline which is acting as Resistance meanwhile Big Institutes are actually generating more Liquidity and Inducing more Sellers while they filling the Imbalance... The US30 is overall bullish comparing the Swing Lows between the 10th & 17th of March there was a cracking Correlation and the Price was heavily Distributed to the Upside leaving a lot of Imbalance Behind which is now being Redelivered to Rebalance then continue going Higher... Ideally would like to see Price filling that Daily Fair Value Gap below Price Point 34000.0... Then Rally. However It can just fill in that 15m +FVG at 3440.0 just below the Trendline Liquidity Inducement then run for that H4 Descending Trendline....

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