US30 Bearish continuation
US30 Levels 28th Sept
Were currently trading under the weekly levels that have kept us30 in a range,
We have fresh supply and a 5m FVG at the MP in confluence with the weekly - 2943
We also have the lower level of 9224 which was rejected during Asia and also created fresh supply.
I generally see that London seems to be creating supply through the morning session, which NY then mitigates and makes the real move of the day.
2920 has held strong, so with a break back I would trade short with caution.
Were currently trading under the weekly levels that have kept us30 in a range,
We have fresh supply and a 5m FVG at the MP in confluence with the weekly - 2943
We also have the lower level of 9224 which was rejected during Asia and also created fresh supply.
I generally see that London seems to be creating supply through the morning session, which NY then mitigates and makes the real move of the day.
2920 has held strong, so with a break back I would trade short with caution.
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