Is US30 low at 34024 going to hold and confirm weekly bottom?(5)

20 de set. de 2023

US30 has now recently made a lower high and is now in an extended market compression. For us to consider trailing our stop, it has to take out the first swing high at 35012 and then at 35098 as shown on chart image. Once it does take out both those levels, it has a higher probability to confirm the weekly bottom.Let's see how the trade plans out according to our smart money framework indicator.

US30(Long)

E - 34607
SL - 34023
T - To be confirmed(TBC)

We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.

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Refn Image of Weekly timeframe