DeGRAM

US30 will grow and breakdown resistance line

Long
CURRENCYCOM:US30   Dow Jones Industrial Average Index
After a strong impulse at the end of October, the price rose rapidly.
It came to the resistance line at 29865 and then entered a small upward channel (formed by this line and the support line).
During November, the price moved in this channel.
Recently, it pushed off the resistance line and began to fall, but before reaching support it started to grow again.
I expect the price to rise to the resistance line 30333 and break it.
And then it will gain a foothold on the line by means of a pullback and start growing again.
It will reach the next resistance line.
The target is 30894.

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