US30 (excessive bullish movements)

Hello Everyone there is the DOW-JONES analyse
US30

The current short-term bullish acceleration on DOW JONES
To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 34250.
Short-term buyers will use the resistance located at 34400 as an objective.
The next bullish objective would then be set at 34580.
Caution, if there is a return to under 34225,
it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur till 34040 in case of excessive bullish movements.


Pivot line: 34250
Resistance Price: 34420 & 34620 & 35040
Support Prices: 34020 & 33610 & 33350

The movement range will be between 34620 and 33810