US30: Anticipating Retracement to 34,300 Support
The US30 has been on a remarkable bullish streak, surging toward monthly resistance levels. As historical data suggests, these levels often trigger retracements.
With the current bullish momentum showing signs of exhaustion, a retracement to the key support level at 34,300 appears likely.
Monthly resistance has been consistently hit, signaling a potential reversal.
This analysis is based on historical price action, technical indicators, and personal interpretation. Always conduct thorough research before making trading decisions.
With the current bullish momentum showing signs of exhaustion, a retracement to the key support level at 34,300 appears likely.
Monthly resistance has been consistently hit, signaling a potential reversal.
This analysis is based on historical price action, technical indicators, and personal interpretation. Always conduct thorough research before making trading decisions.
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