October 17th

#DJI30 Buy position
Support levels: 29758 – 29513
Resistance levels: 30155 – 30426

GBPUSD Buy position
Support levels: 1.1250 – 1.1178
Resistance levels: 1.1358 – 1.1413

🇺🇸 Corporate reporting season continues in the US. Most companies reported for the 3rd quarter better than market expectations in terms of revenue and net income, which encouraged traders to buy securities.

📈The #DJI30 index has updated a 6-week high and is showing a strong uptrend. We are waiting for the growth of quotes to the upper border of the Bollinger Bands.

👉 Investment idea: buy limit #DJI30 31912, take profit 32214.

🇺🇸The US Federal Reserve has published fresh statistics on the American banking system.

💰Dollar liquidity has increased by $67.3 billion over the past week, which is favorable for the US stock market.

👉 Investment idea: buy limit #DJI30 31773, take profit 32354.

🇺🇸The US Federal Reserve has published fresh statistics on the American banking system.

💰Dollar liquidity has risen by $24.2 billion over the past week, which is favorable for the US stock market.

👉 Investment idea: buy limit #DJI30 33590, take profit 34000.

📈Technical analysis shows a strong uptrend for the #DJI30 index.

📊It is advisable to use a decrease to the middle border of Bollinger Bands to open Buy positions in the expectation of a continuation of the uptrend.

👉Investment idea: buy limit #DJI30 33992, take profit 34401.