US30 has extended its bullish structure with a strong impulsive advance, pushing the index into fresh highs.
Following the strength of the latest rally, a corrective phase could develop as the market digests the move. However, the broader structure continues to favour buyers, and this correction may simply prepare the index for another bullish extension.
Our primary scenario is for a deeper short-term retracement followed by renewed buying momentum, potentially driving US30 toward 55,000 and fresh record highs.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
Following the strength of the latest rally, a corrective phase could develop as the market digests the move. However, the broader structure continues to favour buyers, and this correction may simply prepare the index for another bullish extension.
Our primary scenario is for a deeper short-term retracement followed by renewed buying momentum, potentially driving US30 toward 55,000 and fresh record highs.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
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Learn how to trade correctly with We Trade Waves. Wave analysis, psychology & mentorship that works! 🌍 45K+ YouTube subs, 600+ 5⭐ reviews
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Join WTW Pro Now 👉 wetradewaves.com
WTW Team
Don’t waste more time and money
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WTW Team
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.