US30 Approaches 47,200 Support as Seasonality Favors Bulls!
Hey Traders,
In today’s session, we’re monitoring US30 for a buying opportunity around the 47,200 zone. The Dow Jones remains in a broader uptrend and is currently in a correction phase, approaching a key support and resistance area at 47,200.
We’d also like to highlight the strong seasonal tendency for equities during this period — historically, November has often provided a tailwind for the Dow as market sentiment improves ahead of year-end.
Watching closely for a potential bullish trigger at support.
Trade safe,
Joe.
In today’s session, we’re monitoring US30 for a buying opportunity around the 47,200 zone. The Dow Jones remains in a broader uptrend and is currently in a correction phase, approaching a key support and resistance area at 47,200.
We’d also like to highlight the strong seasonal tendency for equities during this period — historically, November has often provided a tailwind for the Dow as market sentiment improves ahead of year-end.
Watching closely for a potential bullish trigger at support.
Trade safe,
Joe.
Trade closed: target reached
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Free Telegram Group:
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
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.