Long

US30 Analysis 01/04/22 No buys without a pullback

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Price recently broke the level of resistance and is currently testing new highs. I will not look for a buy unless price makes a pullback and creates a level of support, or starts to reject the 50EMA (purple line). A rejection (candle wick) from the 50 EMA will provide confirmation for a bullish continuation. No buying opportunity without a retracement!

Not looking for a sell opportunity unless price breaks 36600 and goes back into the range. My target would be the 200EMA.

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