buying this dip
Us100
Price Is in a freefall from the recently formed swing high at 19 525.7 which is responsible for taking out x2 previous swing lows respectively at 18 612 and recently at 18 191.8 and it must be noted that price formed a recent swing low at 17 256.2 which failed to take out the April low at 17 047.1 which is expected to be bridged by price in the quest to return/retest the yearly low at 16 201.3.
We are looking at taking buying opportunities towards our current supply zone recently formed at 19 525.7 within 30 days and expect price to drop to our recent swing low at 17 256.
Price Is in a freefall from the recently formed swing high at 19 525.7 which is responsible for taking out x2 previous swing lows respectively at 18 612 and recently at 18 191.8 and it must be noted that price formed a recent swing low at 17 256.2 which failed to take out the April low at 17 047.1 which is expected to be bridged by price in the quest to return/retest the yearly low at 16 201.3.
We are looking at taking buying opportunities towards our current supply zone recently formed at 19 525.7 within 30 days and expect price to drop to our recent swing low at 17 256.
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