The U.S. 30 contract has broken topside from a short-term bull flag, reinforcing the broader uptrend and putting 45000 resistance back in focus.
Traders looking to play a continuation can consider longs with a tight stop beneath for protection. A break of 45000 may trigger a fresh burst of upside momentum, putting big figures above in play.
Bullish price momentum is also building again, adding to the case for upside.
Good luck!
DS
Traders looking to play a continuation can consider longs with a tight stop beneath for protection. A break of 45000 may trigger a fresh burst of upside momentum, putting big figures above in play.
Bullish price momentum is also building again, adding to the case for upside.
Good luck!
DS
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