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  • 2021-11-14
  • admin
  • Dowjones analysis, US30 analysis, DJI
  • 453

US30 Analysis 15/11/21 to 19/11/2021

US30 followed a good trendline last week. However we are expecting a break in that trendline and beginning of another buy rally. If the market opens gap up, you can expect a crucial support being broken at $36156. In the Daily timeframe as well, the previous daily candle close has shown a bullish power candle further confirming our expectations. Traders can look to go long next week for US30 with stoploss levels below $35895. Long term targets will be $36413 and also expectation of breaking the previous high of $36570. However if the market doesn't break the trendline, market will fall heavily. 

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