Although the US stock markets are closed today, we saw further increases in the futures market. The contract for the Dow Jones - US 30 index reached fresh all-time highs. This scenario was already supported by yesterday's breakout from the triangle formation, which is marked with green dashed lines. Breaking above the resistance zone around 33,100 pts opens the way for further increases. If the current momentum prevails, then the nearest resistance can be found at 127.2% and 161.8% external Fibonacci retracements, determined on the basis of the recent downward correction.
US30 interval H1. Source: xStation5
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