US30 l DAILY l OUTLOOK

As Day Traders we don't care which way the market goes. If its a bull market or a bear market. We solely look to capitalize on either direction the market goes.

Major support areas

1. 30650
2. 30120
3. 29600

Each of these levels allocated a bounce, support, and resistance before all time highs were broken.

DAILY TAKEAWAYS:

1. 200 MA clearly broken
2. BOS / support & resistance zone clearly broken.
3. Bullish hammer pattern bounce last time off of 30650. Traders are going to be targeting this area. I wouldn't expect a major bounce just a short pullback.