US30 4H : Outlook

US30

New forecast

The index price is still trading between the support line at the level of 35893 and the resistance line at the level of 36264 until this moment, so we are forced to remain neutral and hold below it or above one of the two barriers in order to see our goals more clearly.

Therefore we forced to wait until stability , so stabilized under 35893 level will force the price to drop and targeting 35400 level , on the other hand stability above 36264 level will help the price to return to the main bullish trend and targeting 36706 areas.

The expect range trading for today it will be between the resistance line 36264 and support line 35893 until stabilized .

Additionally Today ,New York sessions will affect on the Indices .

support line : 35893 , 35494
resistance line : 36264 , 36580

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Technical IndicatorsSupport and ResistanceTrend Analysisus30analysisus30ideaus30neutralUS WALL ST 30

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