US30 4H : Supports further decline
US30
OUTLOOK
The price perfectly fulfills my last idea.
Technical abstract :
There is no change in the index’s downward price path due to its repeated stability below the resistance extending towards 34043. We notice that it recently formed a negative creep, thus achieving the first stable target at 33880.
The price may currently be forced to form some sideways fluctuation, but this will not affect the main downward path. We will remain waiting for the price to gather additional negative momentum and then attack the additional support stable at 33880, so stabilized under that level it will forced the price to reach 33692 .for remembering that the stabilized above 34100 will postponed the bearish trend at the midterm.
Additionally ,Today New York sessions will affect on the Indices .
support line : 33880 , 33692
resistance line : 34043 , 34100
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OUTLOOK
The price perfectly fulfills my last idea.
Technical abstract :
There is no change in the index’s downward price path due to its repeated stability below the resistance extending towards 34043. We notice that it recently formed a negative creep, thus achieving the first stable target at 33880.
The price may currently be forced to form some sideways fluctuation, but this will not affect the main downward path. We will remain waiting for the price to gather additional negative momentum and then attack the additional support stable at 33880, so stabilized under that level it will forced the price to reach 33692 .for remembering that the stabilized above 34100 will postponed the bearish trend at the midterm.
Additionally ,Today New York sessions will affect on the Indices .
support line : 33880 , 33692
resistance line : 34043 , 34100
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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