Trade of the day DJIA

DJIA is breaking the upside resistance

 

DJIA is breaking the short-term upside resistance 35000 after the recent correction to a medium-term upside channel support. This break can lead to an upside extension to 37000. Support for this upside extension is now 34740 and a break below this level would invalidate the upside extension.

Note: look for the long trade entries with the stop loss below 34740

 

DJIA daily price action trading strategy

 

 

 

 

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