Hello traders! here is my analysis for US30, we are currently in an uptrend creating HH & HL, breaking from previous structure. The market is approaching area 34970 which is a strong level with previous support and resistance points.
1) the market can break and retest 34970 area and continue the Uptrend (HH & HL)
2) the market can reach the 34970 area and reject towards the downside to then look for short positions (LL & LH)
1) the market can break and retest 34970 area and continue the Uptrend (HH & HL)
2) the market can reach the 34970 area and reject towards the downside to then look for short positions (LL & LH)