Dow Jones Index (US30): Intraday Bearish Signal
I think that US30 is positioned to drop after a test
of a strong intraday horizontal resistance.
A bearish breakout of the support line of a rising wedge pattern
provides a strong confirmation.
Goal - 49922
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Bestus30signals
DOW JONES INDEX (US30): Bullish Move From Support
US30 is positioned to grow more after a formation
of a double bottom pattern on a key intraday/daily support.
I expect the index to reach 51330 level.
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DOW JONES INDEX (US30): Bearish Move From Supply Zone
I think that US30 will continue retracing from the underlined
major intraday supply zone.
The formation of a sell imbalance candle after its test provides a clear
evidence of the significance of that structure.
Goal - 47500
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DOW JONES (US30): Confirmed BoS & More Growth
I see another confirmed break of structure and a violation
of an important intraday horizontal resistance on a 4h time frame on US30 Index.
Odds will be high, that the market will continue rising.
Next resistance - 46550
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DOW JONES (US30): Your Plan to Trade FOMC Today
US30 keeps coiling on a recently broken daily key resistance
that turned into a support after a breakout.
To buy the market with confirmation after today's rate decision,
concentrate your attention on a double bottom pattern on a 4H time frame.
A bullish breakout of its neckline and a 4H candle close above 46850
will provide a reliable signal.
A bullish continuation will be expected to a current structure high then - 46087.
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DOW JONES (US30): Pullback From Support Confirmed
Following our Friday's analysis, US30 retested a recently broken
major daily demand zone.
Testing the underlined horizontal key level, the price formed a tiny double bottom.
Its neckline breakout indicates a highly probably pullback.
Goal - 45940
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