Dow Jones Index (#US30): Your Trading Plan Explained

9 ส.ค.

https://www.tradingview.com/x/gWtpr6Sv/

Dow Jones is currently stuck on a key daily/intraday horizontal resistance.
The price is trading within a narrow range on that on a 4H time frame.

Your confirmation to sell the Index will be a bearish breakout of the support of the range.
A 4H candle close below 39325 will confirm the violation.

A bearish continuation will be expected to 38890 then.

Alternatively, a bullish breakout of the underlined blue resistance
will push the market higher.

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