following our Trend Channel US30 Still looking Bearish although i am looking for a breakout to the upside i still see it pushing down to support for a retest.
So in anticipation of the NFP data this afternoon i'm looking at a potential break through the 1.3500 price support level and then we anticipate the retest around the same price for resistance the set up looks bearish to me so lets wait and see also considering that it is the last day of the week we should see a completion of price moves in the market.
Basically following up on the corrective move long for Nas100 not too many points to collect however if you like myself like to grow small accounts anticipate this type of set up to play out so the pull back towards my bottom blue line will act as support and the top blue line will be your TP (take profit)