evening traders. Trading has been choppy recently with these current markets but is the us30 heading for a bull rally? We have 3 signals in the ichimoku trading strategy triggered, base line and conversion line crossover, green cloud and lagging span above the cloud. Price has also broken the downward trend line and if we close above then we could be seeing a bull rally. Rally targets we would be looking at I would say are 34300 and 35500.
We're still below the cloud on the weekly so it could be a false break and a trap, its hard to dictate in these market conditions.
Trade safe traders.
cheers
shaun.
We're still below the cloud on the weekly so it could be a false break and a trap, its hard to dictate in these market conditions.
Trade safe traders.
cheers
shaun.