CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

US30 Short Term: consolidation in place.

US30 (US30)
-63.8-0.12%
short positions below 52920 with targets at 50540 & 49330 in extension.
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Pivot: 52920

Our preference: short positions below 52920 with targets at 50540 & 49330 in extension.

Alternative scenario: above 52920 look for further upside with 53700 & 54740 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
54740
53700
52920
51552 Last
50540
49330
47000

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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