Dow Jones Index (US30): Breakout & Important Zone to Watch
https://www.tradingview.com/x/ugLMdFMi/
Last week, we saw 2 important structure breakouts on US30:
first, the market violated a major rising trend line,
then, on Friday, a key horizontal support was also broken.
The broken trend line and a horizontal structure compose the expanding supply zone now.
I will expect a bearish reaction to that and a bearish movement to 33750 support.
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Last week, we saw 2 important structure breakouts on US30:
first, the market violated a major rising trend line,
then, on Friday, a key horizontal support was also broken.
The broken trend line and a horizontal structure compose the expanding supply zone now.
I will expect a bearish reaction to that and a bearish movement to 33750 support.
❤️Please, support my work with like, thank you!❤️
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