DJ30 is buys from 37300 which is a support level. The market is in an uptrend with the formation of higher highs and higher lows. This means, there is another leg impending for the bull side. At the support level, we can buy the pair and let it continue.

The descending trendline has broken out for buys and the market has validated the price action. Therefore, at another retest, I will be looking to confluence for the buys.

There is no retracement level on this pair.

EMA 50 is bearish and the market can tap the ema 50 for the retest. At this retest, we can take profit.

RSI is at 50.  It needs to dwell towards the over sold region from where a bullish divergence is formed for continuation upwards.

DJ30 buys from 37300

Jan 10 2024