US30 1D (Waiting for the 33730 )

US30

The price is perfectly fulfilled with our last idea,
The Market dropped in all indices due to the high inflation in the U.S. and Interest Rates still look to rise till the last of this year and also next year,

Technically:
as long as the price trades under 34110 it means still under strong pressure to continue the bearish trend till 33730, especially by closing the weekly candle under 34110

But otherwise, stabilizing above 34110 by closing 4h candle then will push up for Today till about 34370

and also 31720 is a strong support line

Pivot line: 34110
support price: 33880 & 33730 & 33330
Resistance Prices: 34230 & 34370 & 34500

the movement range will be between 34150 and 33720

Kommentera:

the price will continue to get the target as we said 33730