As we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop.
I have a few sell stops in just in case to catch the fall
I been researching for hours and hours on google trying to figur out when it is right time to make a trade because on google it tells me many things about double top that can be trap move??? I am scared that if i do it wrong i will mess up my trades?? I know google tells me that when price bounce off the support level, it is a sell. BUT i also saw that it broke...
Not in a million years is price going to break our red resistance zone, this zone is an all time high for US30.
For all you people who think that it will break and continue to rise just answer me this.... How the hell is price going to do this with Donald Duck in charge of your country, when you are in the most debt the country has ever been in, unemployment is...
Market sustain drop pressure as we advised before, while trades below 18670 may push market for farther drop toward 18300-20 zone. From that zone 18300-20 will expect market to head for rebound correction which will be protected by 18245 support level
Level 1 18300-20 18510
Level 2 18240 18600