ð US30 (Dow Jones) Breakout Alert ð
Hello Traders,
Exciting news on the US30 (Dow Jones) front! The index has successfully broken through the key resistance level around 39,990 and is currently trading at 40,023.9. ðð
Key Points:
- Resistance Breakout: The price has moved past the crucial resistance level, indicating a potential bullish continuation. ð
- Body Structure: The area marked as "BODY STRUCTURE" around 39,161.8 served as a solid base for this upward move. ð
Next Steps:
- Watch for Pullbacks: There might be minor pullbacks towards the breakout level, providing potential entry points for new positions. ð
- Target: Keep an eye on the upper resistance levels for potential profit-taking zones. ðŊ
Chart Highlights:
- The green zone represents the breakout level around 39,990, which has now turned into support. ðĒ
- The red zone below marks a previous support area around 38,956.2. ðī
- The blue box indicates the current trading range above the breakout level. ðĩ
Stay updated for more insights and trade ideas. Letâs capitalize on this bullish momentum!
Happy Trading! ðð