US30
New forecast
The price perfectly fulfills my last idea and price reached to our target +250 pip .
The index price has recently continued to form weak sideways trades affected by the stability of the barrier represented by the 35400 level, which in turn hinders the chances of resuming the main upward attack. We expect that the price is trying to form some bearish corrective waves, which in turn may target the first additional support stable at 35100.
Therefore the negative correction will be more likely during coming period ,As for the price’s success in penetrating the 35400 barrier and holding above it, this will open the door to resuming the upward attack to reach 35650 level.
The expect range trading for today it will be between the resistance line 35400 and support line 35107 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect the market .
support line : 35257 , 35107
resistance line : 35400 , 35494
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