US30 TECHNICAL ANALYSIS SHORT TERM VIEW US30 has strong resistance 33715 to 33964 levels as red box marked in graph . Wave 3 or wave c is going on and 34165 is reversal point and it can decline further towards 33000 level until this resistance holds.Intraday purpose selling can be done with stop loss 34165 expecting downside towards 33400.It can fall sharply towards 33000 level without touch 34615 level.
QUICK FUNDAMENTAL LOOK
U.S. stock index futures slipped on Thursday as soaring oil prices cemented the prospects for a prolonged restrictive monetary policy, while investors awaited economic data and Federal Reserve Chair Jerome Powell's remarks during the day.
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