Get started
JoeChampion

US30 Potential Downsides

Short
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
JoeChampion  
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Beyond Technical Analysis Technical Indicators US30 dowjones SELL short Bearish Patterns Technical Analysis Indices Contains image
90
6
trendanalysis beyondta indicator us30 dowjones sell short bearish technicalanalysis indices containsimage
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 33600 zone, US30 is trading in a downtrend and successfully managed to break it out and now seems to be in a correction phase in which it is approaching the major trend at 33600 support and resistance zone. I would also keep an eye on DXY to confirm the bias as DXY does correlate negatively with the stock market.
Trade safe, Joe.
Join our telegram Channel for daily market updates t.me/JoeChampion
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.