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Carl_Gustav_Ekstrom

US30 About to Trade Higher?

Long
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
Carl_Gustav_Ekstrom Updated   
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis US30
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trendanalysis us30
From a Daily perspective, it looks like US30 have made its 5th Wave Down stopping right on the cycle-channel and MIDAS Curve finishing off wave 5. I think it's fair to say that the price of US30 is likely going to be pushing higher, at least on a short term basis.
Comment:
Price did push higher but failed to close above the bearish cyclical resistance.
US30 is now hovering at cyclical support.
Comment:
U30 closed above resistance pressing higher.
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