US30 signal
A good day for our Dow jones signals subscribers , We asked them to sell DJIA Index today. It crashed and our subscribers enjoyed the profit. Look what trading signal we provided them today.
Sell US30 at 18090 with stop loss of 18210 for target 17960. DJIA Index crashed and our subscribers exited at our target. We fetched nearly 130 pips in this trade. We made approx $1300 profit per lot in this trade.
Currently DJIA Index trading at 17930, A good support on Wall Street chart stands at 17850, If traders break and sustain below our support. Then expect more pressure in Dow Jones upto 17720- 17600 and even more pressure on this major indices not ruled out.
A good resistance on DJIA chart stands at 18050, If traders break this major hurdle and manage to sustain above our resistance. Then expect minor reversal in US30 upto 18180- 18300.
US30 trend is weak for now avoid any major buying. Sell on rise would be good for now.
Dollar Index is also under pressure. Currently dollar basket trading at 97.30. A good support on dollar chart stands at 96.80. If traders break this support and manage to sustain below our support. Then expect more pressure upto 96.40- 96.05 in upcoming days.
A good resistance on dollar chart stands at 97.77, If traders break this hurdle and manage to sustain trade above our resistance. Then expect good rise in dollar index upto 98.10- 98.60 in upcoming days.
Dollar Index trend is flat to weak for now as equity markets are under pressure. Avoid any major buy in greenback and stay with cash. Ideally you may sell on rise with stop loss above our resistance. But its a mild risk as gold silver prices are under pressure too.
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Update: This article has been edited at June 25, 2018.