US30 awaiting negative momentum
Hello everyone,
Dow Jones 6H NEW FORECAST
The index price repeated its formation of a sideways fluctuation below the barrier represented by the level of 36330, trying to capture the negative momentum required to activate the bearish corrective path suggested previously. We are reminded of the positioning of the negative targets near the level of 35910, and by breaking this obstacle, the level of 35735 will form the next negative station for the current trading.
However, if the price exceeds the current barrier and remains above it, this will increase the chances of it forming a new upward impulse to attempt to achieve new gains by being attracted towards 36550 and then begin the previously suggested corrective path.
The expected general trend for today: corrective bearish
Dow Jones 6H NEW FORECAST
The index price repeated its formation of a sideways fluctuation below the barrier represented by the level of 36330, trying to capture the negative momentum required to activate the bearish corrective path suggested previously. We are reminded of the positioning of the negative targets near the level of 35910, and by breaking this obstacle, the level of 35735 will form the next negative station for the current trading.
However, if the price exceeds the current barrier and remains above it, this will increase the chances of it forming a new upward impulse to attempt to achieve new gains by being attracted towards 36550 and then begin the previously suggested corrective path.
The expected general trend for today: corrective bearish
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