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

1214
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.

❤️Please, support my work with like, thank you!❤️

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.