Quick Trade Idea.
These next two days - Thursday & Friday we have high impact news dropping including Unemployment claims followed by Fed Powell's speak on Friday. So expect an increase of volume to finish off the week.
Looking at chart structure, you see here we have a channel of Trend-Lines we're currently trading between after we've gotten the Bearish break last Friday. From here I'm looking to see another failed retest to the downward Trend-Line, as well as that being our 4HR level we have marked at 34,750 to start another Bearish trend.
This is just my Personal Opinion, Trade Safely!
These next two days - Thursday & Friday we have high impact news dropping including Unemployment claims followed by Fed Powell's speak on Friday. So expect an increase of volume to finish off the week.
Looking at chart structure, you see here we have a channel of Trend-Lines we're currently trading between after we've gotten the Bearish break last Friday. From here I'm looking to see another failed retest to the downward Trend-Line, as well as that being our 4HR level we have marked at 34,750 to start another Bearish trend.
This is just my Personal Opinion, Trade Safely!