Potential downward move

19 May

US30 has been bullish since selling to 36,500 and later retested the lower bound but settled at 37,800. Upon settling above these figures, the indice has been gradually growing, intending to touch the established highs at 42,800 and further up at 45,000. If the price action manages to stabilise above 42,800, the bullish move will still continue until the top.

However, if price fails to settle above 42,800, a bearish correction may be likely, in search of a support structure that will initiate a bullish rise again.

23 May

İşlem aktif

Bearish move is en route to find support!!