US 30 Bulls Are Still On The Attack

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Market Analysis – July 17

US 30 bulls are still on the attack as they keep pushing the market forward with their bullish trend. Since last week, the bullish strength has been increasing progressively, and this has caused a shift in the market structure. Before this, the market had been stagnant in a sideways movement, with prices kept locked between the 34418.30 and 33602.90 market zones.

US 30 Key Zones

Resistance Zones: 35291.80, 34418.30
Support Zones: 32747.60, 31852.60

US 30 Bulls Are Still On The AttackUS 30 Long-Term Trend: Bullish

Now, the buyers have managed to break through the key zone of 34418.30, and they are pushing the market further forward with their bullish attack. The bulls have pushed the price back up towards the 35291.80 market level, and with the presence of more bullish momentum, the price could break through even further.

If the bullish momentum continues to be present, the price could break further in the market. Therefore, traders should stay alert and pay close attention to the price playout in the coming days. It is important to monitor the price movements and look for any signs of potential trend reversals. Doing so will allow traders to make more informed decisions and capitalize on any opportunities that may present themselves.

On the daily chart, the buyers are maintaining strong forces, starting with the Parabolic SAR (Stop and Reverse) indicator. This is, however, shown in a bullish direction. The Bollinger Band indicator is therefore also closing out for more bullish expansion in the market.

US 30 Bulls Are Still On The AttackUS 30 Short-Term Trend: Bullish

The bullish action remains in motion on the 4-hour chart. This implies that the buyers are not ready to cool down at the moment until the next order level is breached. As the momentum keeps increasing, traders should look out for a rest or pullback before entering the bullish trend. The buyers are therefore targeting the 35291.80 key zone in the market.

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *