SroshMayi

US30 4H (MORE BULLISH TENDENCY)

Long
EIGHTCAP:US30   Dow Jones Industrial Average Index
NEW OUTLOOK

The price broke the resistance line which is 39850 and recorded a new all-time high located at 40025,

From a technical standpoint, the Dow Jones Industrial Average is anticipated to undergo a correction to the 39,850 level. and then again will try to touch the resistance trend which is about 40150, however stabilizing above it means a bullish trend.
To be bearish trend should be stable under 39790 to continue the trend


Pivot line: 39980
Resistance Prices: 40150 & 40250 & 40470
Support Prices: 39850 & 39620 & 39470

The movement range will be between support 39830 and Resistance 40150


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