after breaking uptrend on daily TF I'm lead to believe that this will be the beginning of the bears gaining strength and form a major correction. tp 1-3 based on major fib levels. feel free to drop your corrective criticisms in the comments. also bearish divergence spotted on the rsi.
Us30 at a strong level broke and retested high. Short coming.
Oil formed base rally and is bound to fill liquidity void back to the strong level of 75, take partials along the way.
Previous low broken looks to be headed to the next orderblock... well see what happens.
35000 is a very strong key evel for us30 as we see time and time again the retest of this level. Looking to short on the way back down to the 34000 area there are multiple possible trades to be taken on this analysis but overall possible 500+ points. I personally would not swing this trade, although it could be done. I will be looking for multiple prime setups...
Possible short incoming. 15000 is a very strong level. At this level we can see the end of the bullish impulse. We can already see a break to the south this morning, which is currently retracing back to the north, but ultimately is duee to continue to the south. Generally some consolidation will follow then we will be on the way to our next short opportunity. ...
NAS100 looks to be at a prime level and showing a change in overall trend. It currently at an optimal level for a short IMO. Feel free to comment opinions and discuss. lif we break the current m15 trend channel to the south i think we could see a nice short opportunity.