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Yuba_Tamazgha
Jun 1, 2014 11:27 PM

Bearish butterfly (long term outlook) Short

Index of top 30 shares on Wall StreetFXCM

Description

US30 longterm outlook on the weekly chart. Bearish butterfly. Strong support around 14023 on the X leg. Target 1 will be at 14436 at the 23% fib level. if the bears can break structure on X, then roll stops and look forward to target 2 at 12841 on the 38% fib level.

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