At press time, the US30 is off more than 1% and a macro support level is coming into view:
Weekly 78% Retracement, 33,023
If the bearish action continues, the 33,000 handle isn’t a bad place to go long:
1) Buy @ 33,029
2) Initial Stop Loss @ 32,994
3) 1:1 Risk Vs Reward, Profit target @ 33,064
Weekly 78% Retracement, 33,023
If the bearish action continues, the 33,000 handle isn’t a bad place to go long:
1) Buy @ 33,029
2) Initial Stop Loss @ 32,994
3) 1:1 Risk Vs Reward, Profit target @ 33,064