US30 4H : Uptrend above 33767

US30

New forecast

Yesterday, the index price was surprised by strong positive pressure, forcing it to postpone the negative attack by forming upward corrective waves, thus approaching the stable barrier at 33600.


The scenario for the current period depends on the strength of the current barrier. We expect that with its stability above 33767 , the price will renew the positive attempts to initially target the 34045 level, reaching about 34300 in the medium period trading, while its breach of the 33600 barrier and presenting it to a negative close will confirm its readiness to resume the bearish corrective attack.

The expect range trading for today it will be between the resistance line 33767and support line 33600 until stabilized .

Additionally ,Today New York sessions will affect on the Indices .

support line : 33600 , 33452
resistance line : 33767 , 34045

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Technical IndicatorsSupport and ResistanceTrend AnalysisUS30us30analysisus30longus30signal

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