Quick update on Us30.
Two resistance points we could possibly reach again going into tomorrow - and to finish the week off. I have a resistance marked straight across at 33.7K, with our Daily Resistance Trend-Line sitting just around 33.8K. So somewhere in this price range, ill be looking for selling positions. My first target would be back to 33.4K, and potentially even further after.
Tomorrow we have Jobless Claims news releasing, and if the amount of claims are higher as expected, I'll be looking for a Bearish move in markets. Also being confluent with this news, chart structure, and my Stochastic's being over-bought it makes me even more confident in tasking this setup.
This is just my personal opinion, Trade Safely!
Two resistance points we could possibly reach again going into tomorrow - and to finish the week off. I have a resistance marked straight across at 33.7K, with our Daily Resistance Trend-Line sitting just around 33.8K. So somewhere in this price range, ill be looking for selling positions. My first target would be back to 33.4K, and potentially even further after.
Tomorrow we have Jobless Claims news releasing, and if the amount of claims are higher as expected, I'll be looking for a Bearish move in markets. Also being confluent with this news, chart structure, and my Stochastic's being over-bought it makes me even more confident in tasking this setup.
This is just my personal opinion, Trade Safely!