Thanks for checking out our latest update. Today, we are looking at the US30 daily chart.
After some heavy selling to end 2024, have we started to find a new point of support? If we see further confirmation price-wise with a new break higher and a new higher low, this could line up with a continuation pattern.
We have run over a few scenarios price-wise that we are watching moving forward. The key to the continuation is a hold of 42,260 support.
Will Trump taking office on the 20th have any influence? We will wait and see, but a break of support and trendline could be a warning sellers have further to go.
Happy New Year, good trading from Eightcap.
After some heavy selling to end 2024, have we started to find a new point of support? If we see further confirmation price-wise with a new break higher and a new higher low, this could line up with a continuation pattern.
We have run over a few scenarios price-wise that we are watching moving forward. The key to the continuation is a hold of 42,260 support.
Will Trump taking office on the 20th have any influence? We will wait and see, but a break of support and trendline could be a warning sellers have further to go.
Happy New Year, good trading from Eightcap.
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.
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.