OANDA:US30USD   US Wall St 30
Hey guys, welcome to this updated idea on US30.

Although a very mixed end to the week, Dow Jones is significantly weaker than when we last traded around these price levels. There is a need for price to move to around 35050 level or even lower. There is a lot of possible unmitigated risk around that area (central banks holding short positions that provided the liquidity to take the market as high as 36500).

Like always, I am not calling tops or bottoms only following where price leads me. So next week I will monitor what price does at the retrace, the fibs line up beautifully with the order block (not that fibs & order blocks are a catalyst for price to move in either direction.

Regards
AUSTIN.