Aurum Markets Blog Technical Analysis DOW 30 breakout through resistance

DOW 30 breakout through resistance

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DOW 30 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 2 days and suggests a possible target level to be around 43170.9141 within the next 10 hours.

Supported by Upward sloping Moving Average

Target: 43170.9141 Entry: 43054.28 Stop: 43009.0625

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