US30 approaching support, potential bounce!
US30 is approaching our first support at 24060 (100% Fibonacci extension, 78.6% fibonacci retracement, Horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 26251 (horizontal swing high resistance, 100%, 61.8% fibonacci extension, 76.4% fibonacci retracement).
Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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