US30 Bullish Momentum Continues with Key Support at 38,790

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Technical Analysis: US30

The US30 index retested the 38,790 level and then surged approximately 150 points, continuing its upward momentum toward the 39,050 level.

• Bullish Scenario:
  As long as the price trades above 38,790, it will likely push up to 39,050.
  
  
• Bearish Scenario:
  If the price breaks below the support levels at 38,790 and 38,760, it could decline to 38,580. Sustained trading below this level may result in a further drop to 38,400.
  
  
• Key Levels:
  - Pivot Line: 38,790
  - Resistance Levels: 39,050, 39,350, 39,700
  - Support Levels: 38,580, 38,400, 38,290
  
  
• Today's Expected Range:
  The price is expected to move between the support level at 38,760 and the resistance level at 39,050.
  
  In summary, maintaining a position above 38,790 supports a bullish outlook with higher resistance targets, while trading below this level indicates potential bearish movement towards lower support zones.
  
  Previous idea:
  
  

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Đóng lệnh: đạt mục tiêu

The price reached our target and pushed up about +260 points, ✅

now will move between 39045 and 38790 till breaking so it is possible to drop again as long as trades under 39045

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Ghi chú

Next Movement
Attention: Our chart clearly illustrates all structures

21 thg 6

Ghi chú

US30 reached all our targets, now will trade between 39310 and 39045 till breaking

we will update you for the next week