While trading futures is usually a short term play or swing dance it's worth to look at current levels form broader perspective.
If current support level (2090) will not hold (very likely) ther is just one final support at 2054 before we approach an abyss.
With yield curve inverted in the US and UK for the first time in a long time, poor state of German and Chinese economy and more clouds over the US sentiment will likely direct us toward 2054 and then ...
Well zoom out the chart at take a look.
If current support level (2090) will not hold (very likely) ther is just one final support at 2054 before we approach an abyss.
With yield curve inverted in the US and UK for the first time in a long time, poor state of German and Chinese economy and more clouds over the US sentiment will likely direct us toward 2054 and then ...
Well zoom out the chart at take a look.