US30 IS MEETING NEW SUPPORT?

For Forex Traders, the US30 plays a vital role in determining US Dollar health and other commodities and related pairs. Last week, we have seen some tumble towards $38,000 and amid of Middle-East Tension, the stocks might not perform well due to sentiments.

This was clearly (Bearish Long Candles) seen as more traders with big volume are moving down the price. We think the price might continue to fall towards to the new low $32,000 after it closed below $38,000. What do you think?

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Komen:

***$37,000