Bull momentum might catch up above 3084/3076.
Meanwhile, downside opportunity continuation below 2972/2970 critical support level.
Short-term / momentum builds watch for level 3018, above this level suggesting bull participant intensify.
Should downward movement continuation confirmed, watch for level:
2978 / 2972 / 2966 / 2954 / 2937 / 2879 / 2853 / 2834 / 2782 / 2770
key benchmark for maintaining the long-term trend:
2727 - 2643
and
2594 - 2543
Trade active
During NY Session, bull fails to push above 3018. Price closed 2982.93 which near support 2978.Asian Session see price went 2970 then bounce above 2978 and below 2993 [next intermediate R].
Will see progress in Europe/London session.
Price break below 2972 could attempt lower support. Monitor for break above 2993 could attempt 3018.
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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.