Long
US30 Long Expectations following CPI/CORE CPI
Pivot: 34110.00
Our preference:
long positions above 34110.00 with targets at 34370.00 & 34490.00 in extension.
Alternative scenario:
below 34110.00 look for further downside with 34030.00 & 33940.00 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Our preference:
long positions above 34110.00 with targets at 34370.00 & 34490.00 in extension.
Alternative scenario:
below 34110.00 look for further downside with 34030.00 & 33940.00 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
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