SroshMayi

US30 - 12H (Being bullish) correction

EIGHTCAP:US30   다우존스 산업 평균 지수
US30

The price succeeded at the bullish zone after breaking the strong resistance line which is 35600

All elements being bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW-JONES

as long as the price remains well above 36010. The buyers' bullish objective is set at 36225. A bullish break in this resistance would boost the bullish momentum.
The buyers could then target the resistance located at 36500 and 36800

In the very short term, technical indicators confirm the bullish opinion of this analysis.
BUT stabilizing under 36000 will drop to do a correction till 35630

Pivot line: 36000
Resistance Prices: 36220 & 36500 & 36800
Support Prices: 35700 & 35360 & 35050

The movement range will be between 35630 and 36800

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