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Analysis on #US30
there is no denying the stock market is so volatile these days after bloody September is behind us and most of the market is now down 3-5 percent here I the dow flashing strong buy signal as it touches its 200 moving average.
• Given Dow Jones' volumetric support, if it can break the 35650 area upwards, it could climb to 36,000 and touch its 5-month trend line at 36,000!
• And then, according to US economic news, it could even break the trend line and reach the price of 36,300, which is the ceiling of its several-month bullish channel.
• 35400 price is the region has the highest...
Due to the negative fundamentals of the last few days, prices are likely to fall further.
Support points shown based on the maximum volume of trades made in those selected points !
And the price can react to each of these points and move upwards according to today's and tomorrow's news.