US30 sell signal
US30 as well as the other indexes are all in an uptrend overall... This past week was a strong push up from the previous week's pull back. Price is sitting near a major resistance level at 31260.00. Based on my observation of the RSI indicator sitting near overbought territory and pointing upward, I believe price will continue upward beginning next week. Price may go as high as 31300.00 before being rejected below the resistance at 31260.00. Price will then continue downward on its way to the 30780.00 area. I recommend waiting to enter between 31280.00 and 31300.00 and setting ur SL at 250pips and TP at 30788.00. Happy trading 😊🤑🤑🤑
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