US30 Outlook -- Daily
Probable outlook for US30...
1.) Broken channel on D turned bear trap. Back in channel confirmed; 3 closed candles.
2.) 4H Fibonacci range (29.6 - 31.0) retraced 100%. Longer-term Fibonacci levels to consider from 6/9 swing high. (Fib = general guide, not S/D zones.)
3.) Market survived two hearings with Fed chairmen Powell getting grilled on inflation.
4.) 50/50 this morning whether we get a 4H pullback or a strong breakthrough.
-- Start your day with macro view every day. Telescope to microscope. Don't FOMO/FUD into any position.
-- BTC/Alts following in line like ducklings. There's a chain of command to this game; consider that as some of you keep trying to short alts.
1.) Broken channel on D turned bear trap. Back in channel confirmed; 3 closed candles.
2.) 4H Fibonacci range (29.6 - 31.0) retraced 100%. Longer-term Fibonacci levels to consider from 6/9 swing high. (Fib = general guide, not S/D zones.)
3.) Market survived two hearings with Fed chairmen Powell getting grilled on inflation.
4.) 50/50 this morning whether we get a 4H pullback or a strong breakthrough.
-- Start your day with macro view every day. Telescope to microscope. Don't FOMO/FUD into any position.
-- BTC/Alts following in line like ducklings. There's a chain of command to this game; consider that as some of you keep trying to short alts.
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