The US30 (Dow Jones Industrial Average) is putting on a show today, pushing higher towards a critical resistance zone.
Key Levels to Watch:
* Resistance: The major ceiling is clearly at ~45,750. The price has tested this level multiple times today and is currently consolidating just below it. A decisive break and close above this could signal a strong bullish continuation.
* Support: Immediate support sits near 45,430-45,490. A break below this zone could see a pullback towards the 45,300 level.
The price action is looking strong, but the real test is happening now at this significant resistance. Volume on a breakout will be key for confirmation.
What's your take?
* Bullish breakout above 45,800?
* Or a rejection for a pullback?
Tags: #US30 #DOWJONES #Trading #Investing #Stocks #Finance #TechnicalAnalysis #PriceAction #Resistance #Support #TradingView
Key Levels to Watch:
* Resistance: The major ceiling is clearly at ~45,750. The price has tested this level multiple times today and is currently consolidating just below it. A decisive break and close above this could signal a strong bullish continuation.
* Support: Immediate support sits near 45,430-45,490. A break below this zone could see a pullback towards the 45,300 level.
The price action is looking strong, but the real test is happening now at this significant resistance. Volume on a breakout will be key for confirmation.
What's your take?
* Bullish breakout above 45,800?
* Or a rejection for a pullback?
Tags: #US30 #DOWJONES #Trading #Investing #Stocks #Finance #TechnicalAnalysis #PriceAction #Resistance #Support #TradingView
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.