SroshMayi

US30 - OUTLOOK - Bullish trend

Long
EIGHTCAP:US30   Indice Dow Jones Industrial Average
US30

The price succeeded at the bullish zone after breaking the strong resistance line which is 36000

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW-JONES

as long as the price remains well above 36225, and 36010 The buyers' bullish objective is set at 36500. A bullish break in this resistance would boost the bullish momentum.
The buyers could then target the next resistance located at 36800

In the short term, technical indicators confirm the bullish opinion.
BUT stabilizing under 36225 will drop to do a correction till 36000 and under it will get 35620

Pivot line: 36225
Resistance Prices: 36500 & 36800 & 37000
Support Prices: 36010 & 35630 & 35380

The movement range will be between 36000 and 36800


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