IAMSMITH

IAMSMITH

I believe US-100 is still bullish so my observations are: Since we have been moving sideways for most of today. There is a gap from previous downtrend and if we can see a break from 9400 we can see a long position to 9500. Otherwise we can look into scalping short positions to the expansion level around 9350 then wait for a break to 9500

IAMSMITH

If we can see a break from the support line and Fib 38.2 arrears a strong down trend will develop pass the 8500 zone. Might hit some highs before this is done so apply financial risk management. Any additional ideas welcome.