US30 saw a major bearish downtrend from June 9nd / June 17th.
1. Major zones / previous all time highs
- 29600 touched on June 17th
- 30100 touched multiple times bouncing
between 29600-30100
- 30650 acting as major support / resistance
2. Currently support and demand zones 30430 - 30900. Sitting between major zone 30650.
3. Saw rejection off MA200 which would a change from bearish to bullish.
4. BOS at 31500
1. Major zones / previous all time highs
- 29600 touched on June 17th
- 30100 touched multiple times bouncing
between 29600-30100
- 30650 acting as major support / resistance
2. Currently support and demand zones 30430 - 30900. Sitting between major zone 30650.
3. Saw rejection off MA200 which would a change from bearish to bullish.
4. BOS at 31500