Generally still bullish on US30, but I see the need for a short term pullback.. This could potentially push up with the 8:30 PPI news and trade into a 4h OB and then drop. lets see. This is a riskier trade as there are less confirmations.
Dow jones 30 Contiuned down trend H4 frame Tight stoploss huge profit
I believe us30 is overstretched to the upside and is bound to test daily support. Nice double top formation on the 5-minute timeframe. 34180 target
Grey - 1D Blue - H4 Orange - 30 Min On Top Daily chart frame there's a Bearish Engulfing pattern, After that we can see how market fall and now doing ranging and market broke the H4 Strong Support zone and now market on its way to down. Market might do retest and then go down! So manage your RR and MM !