EIGHTCAP:US30   Dow Jones Industrial Average Index
So good evening everyone I have a trade idea for US30 as my trades have been getting better and better I see a divergent on US30 as we speak possibly going to the upside with a regular divergent and to the down side as a hidden bear on the lower timeframes as price is below my 200, My 21, 50 and 100 SMA are all separated and moving downwards so I am only looking for SELLS were on a Major support and resistance level as well hovering just on it, so what were going to do is wait for Asian session to open see how the market opens its definitely going to be slow but will eventually get to where we want it to go until London session, from their hoping for a big push down but we do have to be carful as well, their is news on USD Monday and on the COT says people added positions on longing the market so lets keep an eye out and see how it plays out just to wait for another confirmation as in say a three line strike or a engulfing bearish candle.
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