VasilyTrader

Dow Jones Index (US30): Key Levels to Watch This Week

Short

Here is my latest structure analysis for US30 Index.

Support 1: 32470 - 32650 area
Support 2: 31700 - 31975 area

Resistance 1: 33475 - 33660 area
Resistance 2: 34300 - 34500 area
Resistance 3: 34820 - 34900 area

Vertical Resistance 1: major rising trend line.

Currently, the market is approaching a confluence zone based on Vertical & Horizontal Resistance 1.
Probabilities will be high to see a pullback from there.

Consider the underlined structures for pullback/breakout trading.

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