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Key Resistance: 32800 – 33000
The Dow (US30) has been trading in a bearish structure since the highs on March 18th to the lows yesterday in a -1172 pip move (-3.52%). Yesterday we saw a big wave of buyers coming in from the lows pushing price up to retest the weekly pivot.
The weekly pivot was capping the upside since the beginning of the week because it also confluences with the previous broken key level. Price has now broken with this level after 6 rejections making this a very high probability momo trade.
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- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
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- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
