US30,Long
Updated
The Dow managed to hit 34940 prices a few days ago, approaching the target 35000, before the market hit a downward correction movement.
As we can see on the chart, the Dow Jones index is still facing the old support 33140 as as long as the market continues to hold trading above it, another wave of advance towards 35000 is still within reach.
Below 33140, an opportunity for a bearish wave move further may hit the market as support resides at 32420 and 31700-800
As we can see on the chart, the Dow Jones index is still facing the old support 33140 as as long as the market continues to hold trading above it, another wave of advance towards 35000 is still within reach.
Below 33140, an opportunity for a bearish wave move further may hit the market as support resides at 32420 and 31700-800
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