My fellow traders don't wait for market open 1:30pm UK time will shatter the markets
Community discussions
US30 its starting to go up
US30 when market opens it will go up moreUS30 waiting for entry
US30 This looks like it can drop to 45,300 in the coming weeks before we start seeing bullish momentum againI could be wrong
There isn't any clean 4H structure so it's a serious waiting game because a clear and solid trendline cant be drawn on either the 4H or 1H timeframe
It's all a waiting game
US30 On the Hourly, a new S&R Zone formed from consolidation.We may see more consolidation that creates "tight coiling" and energies building for an eventual breakout from the S&R Zone. This is a "footprint" of the market makers getting set up to make their move from this.
The Hourly is still in Bullish (directional) Market Bias.
US30 I still like cheese.
US30 is going down.... all futures.... DXY gonna be strong very soonUS30 On the Daily, it is in Bearish (directional) Market Bias. The bears showed no follow through to drop down after the tall bearish candle formed, so the bulls showed up as a Bullish Spinning Top, a bottom reversal candle with reliable, great follow through to the upside.
As the bulls rise, they can head towards the Bearish Trendline (in green dotted line) for a retest to either get close or touch it, then the bears can resume their drop after that.
*Take Profit to the Upside:
46,923 - Current Mean Reversion Price
46,967 - Current Mean Reversion Price on the 8-Hour Timeframe
US30 NVDA's earnings is the reason for this after hour push in price