Dow Jones Industrial Average Index
Long
Updated

US30 ( UNDER BULLISH PRESSURE )

184
US30

HELLO TRADERS

  • Tendency the price will trying to closer a resistance trendline , indicates a price is under bullish pressure .

  • TURNING LEVEL : a gold rectangular between resistance and support level , a round 38,930, which indicates two cases , the first cases until the price breaking this level reach a support level , the second case the price trade above this level , the price reach resistance level .

  • RESISTANCE LEVEL : a green rectangular , an area above the turning level around 39,429 , indicates selling have already increase at this level .

  • SUPPORT LEVEL : a red rectangular , an area below turning level around 38,430 , indicates buying have already increase at this level .

  • PRICE MOVEMENT : the price is under bullish pressure until trade above turning level at 38,930 , it will attempt to reach resistance level at 39,429 , then trade above this level reach next target at 39,807 , if the breaking turning level reach to support level 38,430 , then stable below this level reach next target 38,029 .

TARGET LEVEL :
  • RESISTANCE LEVEL : 39,429, 39,807
  • SUPPORT LEVEL : 38,430 , 38,029
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