The US30 maintained its bullish reaction at key price levels, suggesting continued upward momentum. As November begins, the index futures gained on Monday, supported by optimism around U.S.–China trade relations and stronger demand sentiment.
Currently, the bullish trend remains in play. If price continues to react positively to current support zones, we could see a potential move toward the next major psychological resistance level at 48,220.
However, if price fails to hold above current levels and we see a bearish reaction, a pullback could be triggered toward the support area between 47,030 and 46,520.
You may find more details in the chart.
Trade wisely best of Luck Buddies,
Ps; Support with like and comments for better analysis Thanks for Supporting.
Currently, the bullish trend remains in play. If price continues to react positively to current support zones, we could see a potential move toward the next major psychological resistance level at 48,220.
However, if price fails to hold above current levels and we see a bearish reaction, a pullback could be triggered toward the support area between 47,030 and 46,520.
You may find more details in the chart.
Trade wisely best of Luck Buddies,
Ps; Support with like and comments for better analysis Thanks for Supporting.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
