So we see today we had a massive dump on US30 where I am anticipating to come down to the equal lows we have marked out before then continuing to the upside, but we also need to be aware of the liquidity that markets potentially could run to around the 33500 area, although it is very possible I see this as the higher probability play espcially with NFP coming tomorrow, from previous experience with US30 on NFP days, Ive always noticed the day before we are going the opposite way for the most part. But this is the area we are looking at and we will look for more evidence when market comes to our point of interest, and if we get the accumulation we are looking for then it will be valid. I would look for sells for now but there is not anything really clean enough for me so well see what happens Pre-London and Post-London.
Note
The comment above was what i was looking at on 1HR the 4HR POI is still valid i have marked for the buy but currently we are getting signs of accumulation so we could potentially go up from here and not come to that POINote
But as of now we are approaching our POI for the buy side, so maybe sunday we can look for accumulation in that area to take a buy, but we will see what information markets give usDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.