US30 General Commentary May 7 2019 (INDEX)
Hey Traders!
US30 Has successfully filled its "gap" caused by this ongoing trade war *cough cough - excuse*
And now we are seeking liquidity at the lower levels before we get confirmation of the trade setup we are looking for to see price make a new all-time high. Right now my eyes see 25800 as a significant area however I am expecting further consolidation right near where price is prior to getting an entry opportunity in this market.
If we retrace near 26250 this may present a low-riskshort scenario.
Stay Safe in the Markets :)
US30 Has successfully filled its "gap" caused by this ongoing trade war *cough cough - excuse*
And now we are seeking liquidity at the lower levels before we get confirmation of the trade setup we are looking for to see price make a new all-time high. Right now my eyes see 25800 as a significant area however I am expecting further consolidation right near where price is prior to getting an entry opportunity in this market.
If we retrace near 26250 this may present a low-riskshort scenario.
Stay Safe in the Markets :)