Key Resistance Zones: 35000, 35500, 36000
Key Support Zones: 27000, 26500, 26000
US Wall Street 30 (US30USD) Long-term Trends: Bearish
US30USD is in a downtrend but it is stuck below level 30700. The index fell to the low of level 29800 and resumed upward. Since June 16, the index fell to the oversold region of the market. The downtrend has subsided as buyers emerged in the oversold region. Today, the market is resuming upward as it struggles to break level 31000.
US Wall Street 30 Daily Chart Indicators Reading:
The index has fallen to level 38 of the Relative Strength Index for period 14. The index is in the bearish trend zone and approaching the oversold region. 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 correction as price breaks above the moving averages. The index price bars are above the moving averages indicating a further upward movement of the index.
4-hour Chart Indicators Reading
US30USD is above the 40% range of the daily stochastic. The market is in a bullish momentum. The 21-day SMA and the 50-day SMA are sloping downward indicating the downtrend.
General Outlook for US Wall Street 30 (US30USD)
US Wall Street 30 is in a downtrend but it is stuck below level 30700 The selling pressure has subsided as the market resumes upward. The index is rising to its previous highs.
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 result
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
