US30 D1 - Short Signal

US30 D1

The downtrend remains evident. We find ourselves perched at a critical supply level, which has historically served as both a support and resistance area.

Notably, last week's move covered an impressive 1,700-point range. As highlighted in our recent IG video, we are keenly interested in exploring short positions, not only for potential corrective maneuvers but also in anticipation of a sustained continuation of the prevailing trend.