The Index is forming a falling wedge. A breakout would be an opportunity to enter in the Index. Currently the index is trading above the EMA which indicates a positive direction and trading near the upper falling wedge trendline.

If the Index closes above the Wedge and is able to sustain for 2 days it would be a good opportunity to enter long. If the pair closes below the EMA and is able to sustain below the EMA for 2 days it would be an opportunity to sell the Index.

Advice : Trade if the following condition is fulfilled.

DJ30

Mar 21 2022