US30 - WEEK 13, 2023.

Also, I've closed all my positions on us30 for a partial win on all of them.. Swap was eating me alive.

I am now restarting with a fresh layout, I'm still 100% bearish.

We had last weeks closure below the previous weeks high and major resistance leaving us with a clear bearish indication. I would love to see price take out last weeks high for liquidity or at least hit 32600 before then looking to short into my targets of 31400 - 31000 and lower.

Explained more: I want to see price in the range of 32600 - 32950 to look for a short swing into the targets mentioned earlier. We have a order block, major standard support/resistance, dynamic resistance, multiple weekly highs and lows and even a 61.8 fib level within my POI leaving me with plenty of technical contributions to support my thesis.

Just got to sit on my hands for now until I see price action confirm this.
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Penafian