US30
The main reason for all this gaining of DowJones is the positive fourth quarter Earnings of The companies, and also the IA companies,
So technically structure, looks like the strong correction and movement will be inside the parallel channel as long as trades under the resistance trend till 35670
but, otherwise stabilizing above the resistance trend which is about 39350 will support rising to get new historical gains of about 40500 and 42200 during the end of the second quarter of this year
Pivot line: 38650
Resistance Prices: 39300 & 39650 & 40050
Support Prices: 37830 & 37120 & 35700
The movement range for the next week will be between support 37120 and Resistance 39300
previous idea:
The main reason for all this gaining of DowJones is the positive fourth quarter Earnings of The companies, and also the IA companies,
So technically structure, looks like the strong correction and movement will be inside the parallel channel as long as trades under the resistance trend till 35670
but, otherwise stabilizing above the resistance trend which is about 39350 will support rising to get new historical gains of about 40500 and 42200 during the end of the second quarter of this year
Pivot line: 38650
Resistance Prices: 39300 & 39650 & 40050
Support Prices: 37830 & 37120 & 35700
The movement range for the next week will be between support 37120 and Resistance 39300
previous idea:
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
