Uptrend in US100Cash CFD

15 באוק׳ 2024

There is an uptrend in US 100 Cash CFD in an hourly timeframe. Following the Dow Theory, the chart is making new HHs and HLs. There is no divergence observed, so it is expected that the current uptrend will continue forming new HHs and HLs to reach the targets as indicated on the chart. This seems to be a good point to take a long position.