US30 is currently bearish based on the daily trend line... Resistance zone at 34027.9 and 33982.4 where price tried to breakout and failed.
There is also a bearish bat pattern that may be completed below the resistance zone. If price breaks the resistance the market probably becomes bullish. FED news.
There is also a bearish bat pattern that may be completed below the resistance zone. If price breaks the resistance the market probably becomes bullish. FED news.
Note
possible Fake out give the trad a second chance with stop above the most recent highNote
34190 SL
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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.