CURRENCYCOM:US30   Dow Jones Industrial Average Index
US30 has been bearish all week with no breaks. Price has been trending down and it looks like there is a possibility that it may continue to do so. Currently price has broken structure and formed a high after breaking a level of resistance on the 30m timeframe.

In order for a reversal to finally occur, we need to see price form support along the structure that has been broken. If price is able todo so, we can see more bullish pressure going into the market open. Waiting for my signals to confirm the best entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.