US 30 Stuck at a support line around 43794 at Market Close.

wczoraj

US30 has been resting on the support line at 43794 for the last 7 hours. We are currently in 2 shorts and hoping price breaks down past this support level to the second support below at 43360. If price does break the current support it will likely head down there to return in a week or two. Based on what's happening with the individual companies represented by the Dow Jones the sentiment is that US30 will continue to fall for now.

Take shorts as long as the market allows you to, but be mindful and prepared for a consolidation or market manipulation. Keep your risk low and follow the trend.

Let me know your thoughts!