Dow Jones (US30) is currently trapped inside a tight consolidation box between ~40,400 and ~40,200. Price action has been flat for hours with no strong directional bias, hinting at an upcoming breakout move. Traders should stay alert for volatility spikes.
🔼 Breakout above the range opens up targets toward 41,437 and 41,476
🔽 Breakdown below the support could push price down to 39,309 or even test the key zone near 39,276
With key U.S. data around the corner (noted on the chart), the move could be news-driven. Stay reactive and don’t pre-empt the breakout. Let price lead.
Plan the breakout. Don’t get trapped in the chop. ✅
🔼 Breakout above the range opens up targets toward 41,437 and 41,476
🔽 Breakdown below the support could push price down to 39,309 or even test the key zone near 39,276
With key U.S. data around the corner (noted on the chart), the move could be news-driven. Stay reactive and don’t pre-empt the breakout. Let price lead.
Plan the breakout. Don’t get trapped in the chop. ✅
Stay ahead of the market—Follow my channel for free insights~~ Telegram channel link below !
t.me/+jvSU52DTZAphYTc1
youtube.com/@TeamSpark-08
t.me/+jvSU52DTZAphYTc1
youtube.com/@TeamSpark-08
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Stay ahead of the market—Follow my channel for free insights~~ Telegram channel link below !
t.me/+jvSU52DTZAphYTc1
youtube.com/@TeamSpark-08
t.me/+jvSU52DTZAphYTc1
youtube.com/@TeamSpark-08
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.