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US30 trade ideas

DOW Futures - Long entry DOW Jone future has been trading in a range for last few weeks - 33300 being the lower of the range and 35100 being the upper of range during this consolidation - 50 DMA has acted as strong support and 20 DMA is acting as a dynamic trendline for DOW Futures Possibilities Strong possibility - during the consolidation of such magnitude it makes sense to test both lower and upper range at least once. it has tested lower range possibility of testing higher range would be very high 34500 is the magnetic price line for this range.. more than 90% of candles has touched this price point during consolidation. Long Entry - whenever DOW futures test 50 DMA SL - close below 50 DMA on a daily basis Target - 35100
ULong
by msk_analysis