CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

US30 Short Term: the upside prevails.

US30 (US30)
+839.1+1.73%
long positions above 48170 with targets at 50490 & 51550 in extension.
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Pivot: 48170

Our preference: long positions above 48170 with targets at 50490 & 51550 in extension.

Alternative scenario: below 48170 look for further downside with 46700 & 45070 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
52000
51550
50490
49446 Last
48170
46700
45070

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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