US30 4H : still bearish
US30
New forecast
The price reached to our first goal +115 pip , then bounced back from it and reached me without support 33450 .
The index price confirmed that it was affected by the dominance of the bearish tendency in the current trading with its continued position below the moving average 50, stable at 34300. We notice that it sneaked below the additional support centered at 33450 and stabilized near 33290.
Therefore, negative pressure will increase the chances of the price resuming negative attempts. Let us wait for it to soon gravitate towards 33150, and by covering it, it will attack the stable support at 32952.
taking into account that failure to breach 33155 then the price will rise up .
The expect range trading for today it will be between the resistance line 33450 and support line 33155until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33250 , 33155
resistance line : 33450 , 33600
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 reached to our first goal +115 pip , then bounced back from it and reached me without support 33450 .
The index price confirmed that it was affected by the dominance of the bearish tendency in the current trading with its continued position below the moving average 50, stable at 34300. We notice that it sneaked below the additional support centered at 33450 and stabilized near 33290.
Therefore, negative pressure will increase the chances of the price resuming negative attempts. Let us wait for it to soon gravitate towards 33150, and by covering it, it will attack the stable support at 32952.
taking into account that failure to breach 33155 then the price will rise up .
The expect range trading for today it will be between the resistance line 33450 and support line 33155until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 33250 , 33155
resistance line : 33450 , 33600
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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