US30 4H : still under sell pressure
US30
New forecast
The price perfectly fulfills my last idea and price reached our target .
The index price resumed the negative attack in yesterday’s trading, and we noticed that it reached the stable target at 33410, and then was forced to form a temporary corrective rebound by settling near 33600.
The price may currently continue to form mixed sideways waves, but the continued negative stability below 33692, confirms the dominance of the bearish scenario for the upcoming trading, so we remain likely to make negative attempts for the price to repeat the pressure on the 33410 level, and by breaking it, losses may extend towards 33220. taking into account if stabilized above 33692 will postponed the bearish trend .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33410 , 33220
resistance line : 33692 , 33880
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached our target .
The index price resumed the negative attack in yesterday’s trading, and we noticed that it reached the stable target at 33410, and then was forced to form a temporary corrective rebound by settling near 33600.
The price may currently continue to form mixed sideways waves, but the continued negative stability below 33692, confirms the dominance of the bearish scenario for the upcoming trading, so we remain likely to make negative attempts for the price to repeat the pressure on the 33410 level, and by breaking it, losses may extend towards 33220. taking into account if stabilized above 33692 will postponed the bearish trend .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33410 , 33220
resistance line : 33692 , 33880
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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