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Important price line being approached by US30. This price has been tested numerous times before.

US30 is moving towards a line of 30749.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If US30 continues in its current trajectory, we can expect it to reach 30749.0000 within the next 3 days.

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We expect a 14,700 pip movement on YM within 4 hours following the event release.

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After testing 134.11 numerous times, Jpmorgan Chase & Co. is once again approaching this price point. Can we expect a bearish trend to follow?

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