Market Update: US30 – GER30 Continuation developing?
Hi traders, in today’s video we look at the US30 and GER30 daily charts. After yesterday’s failed moves lower that turned into recoveries, are bulls starting to form new continuation moves in established trends? We run over what piqued our interest technically and what we’re looking for tonight to confirm the idea.
We also run over price action that could potentially cancel out the building continuation.
There’s no key data due out in today’s European and New York sessions but we do have the Euro summit running during the day.