US30 Short Term: key resistance at 40800.

US30 (US30)
+48.0+0.12%
short positions below 40800 with targets at 38800 & 37270 in extension.
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Pivot: 40800

Our preference: short positions below 40800 with targets at 38800 & 37270 in extension.

Alternative scenario: above 40800 look for further upside with 41700 & 42800 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:
42800
41700
40800
39669 Last
38800
37270
35000

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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