The FED rate cut on 3rd March failed to provide a smooth relief rally for the Bulls. It is also a pity that Non Farm employment change on Friday gave any positive boost to the index performance. However let's keep our fingers crossed and observe if price to happy to keep moving in this uptrend channel.
Key points to ponder on
1. key resistance 27000, Key support 24626
2. Stockchastics 4Hr at oversold
3. Short position closure on the last trading hour of US30 future resulting in bullish engulfing
Key points to ponder on
1. key resistance 27000, Key support 24626
2. Stockchastics 4Hr at oversold
3. Short position closure on the last trading hour of US30 future resulting in bullish engulfing