US30 fluctuates below the barrier
Hello everyone,
Dow Jones 6H NEW FORECAST
The index price remains stable until this moment below the additional barrier represented by the 36330 level, thus increasing the chances of it activating the previously suggested bearish corrective path, which may initially target the 35910 and 35735 levels, respectively.
As for the price surrendering to the positive pressures resulting from the Stochastic indicator reaching the 80 levels and achieving a breach of the current barrier and closing above it, this will eliminate the temporary negative outlook, opening the door for it to resume the upward attack, targeting directly the level of 36550, reaching about 36729 in the medium-term trading.
The expected general trend for today: bearish with the stability of the barrier
Dow Jones 6H NEW FORECAST
The index price remains stable until this moment below the additional barrier represented by the 36330 level, thus increasing the chances of it activating the previously suggested bearish corrective path, which may initially target the 35910 and 35735 levels, respectively.
As for the price surrendering to the positive pressures resulting from the Stochastic indicator reaching the 80 levels and achieving a breach of the current barrier and closing above it, this will eliminate the temporary negative outlook, opening the door for it to resume the upward attack, targeting directly the level of 36550, reaching about 36729 in the medium-term trading.
The expected general trend for today: bearish with the stability of the barrier
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