US30 Dow Jones Technical Analysis and Trade Idea

175
The US30 Dow Jones index has exhibited a robust bullish trend recently. However, we now observe that the index is approaching a significant resistance level on both the weekly and daily charts.

Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or weakness.

Given these factors, we are considering a short opportunity. It’s essential to manage risk diligently, as trading always carries inherent risks. Remember that this information is for educational purposes only and should not be construed as financial advice. 📈👍
Nota
Our SL was a little tight istantanea

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.