US30 Will Go Higher From Support! Long!

٧ يوليو ٢٠٢٤

Please, check our technical outlook for US30.

Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 39,368.82.

The above observations make me that the market will inevitably achieve 39,786.68 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

٨ يوليو ٢٠٢٤

ملاحظة

Great beginning for a trade, let’s hope it goes further!