Key Resistance Zones: 35000, 35500, 36000
Key Support Zones: 27000, 26500, 26000
US Wall Street 30 (US30USD) Long-term Trend: Ranging
US Wall Street 30 is in a sideways move below level 35200. Since July 26, the index has been fluctuating below the overhead resistance. The overhead resistance has not been broken since May 10. Meanwhile, on July 31, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the market will rise but reverse at level 1.272 Fibonacci extension or level 35508.40.
US Wall Street 30 Daily Chart Indicators Reading:
The index is at level 55 of the Relative Strength Index period 14. It indicates that the index is in the uptrend zone above the centerline 50. The 21-day and 50 –day SMA are sloping upward indicating the uptrend. The price bars are above the moving averages which suggest a further upward movement of the index.
US Wall Street 30 (US30USD) Medium-term Trend: Ranging
On the 4-hour chart, the index is in a range bound move below the overhead resistance. The index is fluctuating between levels 34400 and 35200. The uptrend will resume if price breaks above the overhead resistance. The price action is characterized by small body indecisive candlesticks called Doji and Spinning tops.
4-hour Chart Indicators Reading
US30USD is above the 50% range of the daily stochastic. It indicates that the market is in a bullish momentum. The 21-day and 50-day SMAs are sloping upward indicating the uptrend.
General Outlook for US Wall Street 30 (US30USD)
US30USD is in a sideways trend. The index is fluctuating between levels 34400 and 35200 price levels. According to the Fibonacci tool, the market will rise but reverse at level 1.272 Fibonacci extension or level 35508.40.
You can purchase crypto coins here: Buy Tokens
Note: Learn2Trade 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
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- 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
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
