Key Resistance Zones: 35000, 35500, 36000
Key Support Zones: 27000, 26500, 26000
US Wall Street 30 (US30USD) Long-term Trends: Bearish
US Wall Street 30 is in a downtrend but holds above 29650. US Wall Street has been trading between the moving average lines before the recent fall. The selling pressure will resume as price breaks below the moving average lines. On the downside, the bears are attempting to break level 29650. The downtrend will resume if the bears are successful.
US Wall Street 30 Daily Chart Indicators Reading:
The index has fallen to level 42 of the Relative Strength Index for period 14. It indicates that the index is now in the downtrend zone and may further decline. The index’s price is below the moving averages lines indicating a possible decline. The 21-day SMA and the 50-day SMA are sloping southward indicating a downtrend.
US Wall Street 30 (US30USD) Medium-term Trend: Bearish
On the 4-hour chart, US30USD is in a downward move as price breaks below the moving average lines. The index fell to the low of 50563 and resumed consolidation above the current support.
4-hour Chart Indicators Reading
US30USD is above the 25% range of the daily stochastic. It is in a bullish momentum but it is unstable. The upward move is likely to face rejection at the recent high. The 21-day SMA and the 50-day SMA are sloping horizontally indicating the sideways trend
General Outlook for US Wall Street 30 (US30USD)
US Wall Street 30 is in a downtrend but it holds above 29650. As buyers are intending to push the index above the 21-day line SMA. The market will resume a range-bound move if the price bars are above the 21-day line SMA.
You can purchase crypto coins here: Buy LBlock
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.