US30, wave 5 should start now towards 42k

May 31

Looking at US30 we have a high probability of turning into bullish again.

RSI long signal
Strong daily support
Bullish Engulfing candle
Possible wave 4 low

I expect new ATH to be build soon

May 31

Trade closed: target reached

Beautiful reaction within 1 hour after I published the idea. The chart is now 1% up and I closed some profits over the weekend.

Jun 6

Note

US30 is way weaker than US100 and US500.
But with the daily close it looks like it could pick up tomorrow or next week.

Sep 7

Trade closed: target reached

Forgot to update, but the target of 42k was nearly reached.