Arazmajeed

US30 4H :Earnings will affect on the market

Short
OANDA:US30USD   US Wall St 30
US30

New forecast

With its last negative attack, the index price touched about 32891, which constituted an obstacle to the negative attempts and forced it to form a temporary corrective rebound to currently settle above 32891.

We point out that the continued presentation of the main indicators of negative momentum will confirm the attempt to activate the price for a negative attack again, thus maintaining its stability below the stable barrier at 33251. Let us wait for it to achieve breaking the 32891 level, to open the door to reaching the additional negative stations represented by the 32700 and 32615 levels, respectively. Other wise stability above 33250 will postponed the bearish attempts.

The expect range trading for today it will be between the resistance line 33250 and support line 32700 .

Additionally Today ,New York sessions and earnings of companies will affect on the Indices .

support line : 32891 , 32700
resistance line : 33155 , 33251

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