As I said in previous week’s intraday technical analysis, US30 is going to test the support of 32500 and then reverse the trend, the US30 did tested the support of 32500 on the opening day, it failed to test the support and the downtrend continued with another 100% move towards downside before making any significant pull back. The price took support from 31200 and then reversed the trend. in coming week US30 may test the support of 31200 before making clear trend.the price is expected to take correction from either current level 32100 or from 32400. My idea is still to go short on US30 as soon as the price gets rejection with high volumes.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics