US30 Short Term: bullish bias above 47840.
long positions above 47840 with targets at 49620 & 50600 in extension.

Pivot: 47840
Our preference: long positions above 47840 with targets at 49620 & 50600 in extension.
Alternative scenario: below 47840 look for further downside with 46600 & 45700 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
50800
50600
49620
49504 Last
47840
46600
45700
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.