RojBarwari

DJ30 FORECAST

Short
RojBarwari Updated   
OANDA:US30USD   US Wall St 30
The forecast for the Dow Jones 30 is now leaning towards a bearish trend. Prices are expected to fluctuate between 40050 and 39564. However, if the 4h candle closes below the pivot line at 39,564, the bearish pressure is likely to continue, potentially driving prices down to 39400 and 38825.

Key Levels:
Bullish Line: 39825, 40050, 40285, 40500
Pivot Line: 39564
Bearish Line: 39400, 39075, 38825, 38445
Trade closed: target reached:
As previously mentioned in the DJ30 forecast, it has reached all targets as shown on the chart. The DJ30 is now expected to move between 38445 and 37766. There is a possibility of a retest up to 38445 before starting the bearish trend towards 37766.
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.