US Wall Street 30 Index – Short-term trading idea – 22 April-2019

We are looking at an ascending channel. We can see that the market has formed bearish patterns after hitting the resistance, the upper line of the channel.

Therefore, we can now expect the market to go looking for the immediate support as shown on the chart.

Disclaimer: Our analysis and forecasts given on this website are just our point of view about the market. It is not a trading signal or investment advice. 

Amir is a graduate in International Economics. He has been active in the financial markets since 2014.

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