Dow Jones Industrial Average Index
Short
Updated

US30 ( UNDER NFP NEWS ) ( 4H )

525
US30

HELLO TRADERS

  • Tendency the price trade below turning level at 39,426 , indicates is under bearish pressure

  • TURNING LEVEL : a blue line between resistance and support level around 39,426 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level

  • RESISTANCE LEVEL : there is a green line around 39,634 , indicates selling have already increase this level , so if the price breaking turning level reach this level

  • SUPPORT LEVEL : there is a red line below turning level around 39,069 , indicates buying have already increase this level , so if the price stable below turning level reach this level

  • PRICE MOVEMENT : first the price will trying to rising a turning level around 39,429 , after dropping to the support level around 39,069 , then stable below this level reach 38,764 , if the price breaking turning level reach a resistance level by 39,634 , then stable by open 4h candle above this level reach a 39,850

TARGET LEVEL :
  • RESISTANCE LEVEL : 39,634 , 39,850
  • SUPPORT LEVEL : 39,069 , 38,764
Trade active
snapshot
the price stabilizing below turning level , in my opinion reach support level at 39,069
Trade active
snapshot
the price stabilizing below turning level , indicates trying to reach a support level at 39,069 , if the price breaking turning level at 39,426 easily to reach a resistance level around 39,634
Trade active
snapshot
price stabilizing below turning level , indicates the price under bearish ,have two scenario to reach a support level , first directly toward a support level , second scenario trying to rising a turning level before dropping , if the price breaking turning level reach a resistance level

TARGET LEVEL :
RESISTANCE LEVEL : 39,634 , 39,850
SUPPORT LEVEL : 39,069 , 38,764

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