Arazmajeed

US30 4H (it look like more bearish)

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Arazmajeed Mis à jour   
OANDA:US30USD   US Wall St 30
US30

OUTLOOK

US stock index futures drop slightly, on the sidelines of pre-session trading, on Wednesday

Currently , consolidation under 34440 it will help the price to visit the previous area which is 34242 and the price can go further for example 33978 and 33670


as for renewing the bullish attempts ,stabilized above resistance line 34624 it will help the price to rise up again to reach 34885 and then will drop again


today New York season will affect on the US stock index futures

support line : 34242 , 33932
resistance line : 33440 , 34624


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Commentaire:
US30

Update

the price is still under sell pressure especially under 34440 and it is easy to reach again to 34242 and above 34440 it is possible to touch 34542 and then drop again
be care the news will affect the market
Commentaire:
as we mentioned the price still under sell pressure but US stocks rose, supported by the results of Nvidia's business and drop again to continue at the bearish trend to reach our target 34242
Commentaire:
The price reached our first target

Now , the price still under sell pressure but right now it is possible to retest to 34242 and then will continue at the bearish trend and 33932 is still available

stabilized above 34242 will help the price to rise up again to 34330 and then drop

be care today news will affect directly on the market especially Powell speech

support line : 33932 , 33670
resistance line : 34242 , 34440

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