27 June 2023 Market Analysis of US 30

2023-06-27 13:35Source:BtcDana

US 30 TECHNICAL ANALYSIS SHORT TERM VIEW                                                           It is running in positive trend and it is running in wave 3 or wave 5  so it can jump towards 35000 levels sharply .Important support 33325 to 33774  level as shown in graph. Stop loss is 33300  and it can jump towards 35000 . From top level of 34500 it has made irregular correction marked by abc in graph  so it can sharply rally over 34570 firstly then 35000 should come easily.

                                                                                 
QUICK FUNDAMENTAL LOOK                                                                                          US stock futures edged higher on Tuesday after the major averages declined during Monday’s regular session amid a selloff in technology and other growth stocks.Meanwhile, small caps mostly gained on Monday, possibly reflecting a portfolio rebalancing effect at the end of the quarter.

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