Short
📉DJ30 07/22/2022: taking a break❗️
📉Priority direction: Down.
📝Description: Since July 19, the price has been steadily holding in the range of $31,600-$31,900. Yesterday's false break down inspires optimism in longs, in addition, the price is above the MA, that gives priority to buy. Despite this, it is assumed that growth will stop already this week and the likely continuation of the upward movement should already be considered next week. Today, an approach to $31,500 -$31,600 is expected.
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📝Description: Since July 19, the price has been steadily holding in the range of $31,600-$31,900. Yesterday's false break down inspires optimism in longs, in addition, the price is above the MA, that gives priority to buy. Despite this, it is assumed that growth will stop already this week and the likely continuation of the upward movement should already be considered next week. Today, an approach to $31,500 -$31,600 is expected.
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Thank you for your support, subscribe and share your ideas here👇
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Related publications
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.