The current sentiment for Indices should be bearish with everything that has been going on but US30 has been trending bullish in the London and Pre-NY sessions, before continuing the bearish trend. Since price is currently in a downtrend I think the best idea is to wait for sell opportunities as long as price respects the level of resistance above. Tomorrow should be interesting with the NFP news. We will see where price goes next when volume enters the market.
1. Price is currently trending down
2. Price had formed a low
3. Price is currently in a range due to the resistance and support that was formed
4. If the lows are broken, price could continue bearish to retest the low
5. If price reject and begins to form support, it can continue bullish if price breaks and closes above 34160
1. Price is currently trending down
2. Price had formed a low
3. Price is currently in a range due to the resistance and support that was formed
4. If the lows are broken, price could continue bearish to retest the low
5. If price reject and begins to form support, it can continue bullish if price breaks and closes above 34160