Trade valid until 21:00hrs (UK Time)
US30 - Intraday - We look to Sell at 26600 (stop at 26675)
The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Prices have continued the bearish move lower and resulted in 2 consecutive negative days. Further selling is expected to follow with the hourly Ichimoku cloud and our bespoke resistance (26600) offering incentive.
Our profit targets will be 26430 and 26250
Resistance: 26555 / 26600 / 26750
Support: 26430 / 26250 / 26000
US30 - Intraday - We look to Sell at 26600 (stop at 26675)
The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Prices have continued the bearish move lower and resulted in 2 consecutive negative days. Further selling is expected to follow with the hourly Ichimoku cloud and our bespoke resistance (26600) offering incentive.
Our profit targets will be 26430 and 26250
Resistance: 26555 / 26600 / 26750
Support: 26430 / 26250 / 26000
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