US30 - Market Structure, Confluence & FIB

20 thg 8

Dear Friends in Trading,

How I see it,

Keynote:
Potential for price action to remain in limbo till Friday remains high.
Decisive breakouts required either way.

Just sharing my thoughts - (I have no evidence to back this up)
I'm keeping an eye on this one, maybe it's lagging behind NASDAQ.

Let me know if anything is unclear.

I sincerely hope my point of view offers a valued insight.

Thank you for taking the time study my analysis.

20 thg 8

Ghi chú

U.S. Treasury yields dipped on Tuesday as investors braced for a key central bank gathering later this week for a sense of whether the Federal Reserve will resume cutting interest rates next month.

Fed Chair Jerome Powell is due to speak on Friday on the economic outlook and monetary policy path at the U.S. central bank's annual symposium in Jackson Hole, Wyoming.

20 thg 8

Ghi chú

FOMC minutes later - Be Safe.
Institutions are closing LONG positions