I'm still a bit bullish on US30 even with the selling pressure we had this week in the market.
1. We're sitting over a Quarter point that was used as a support on the 17th followed by a retest on the 24th.
2. Last week created a bullish structure that market is already respecting, this structure also lines up with my quarter point levels.
3. we previously...
tasked with trying to learn how to mark up quarter points with the intent to start to recognize support and resistance in the charts
- I started on a very high time frame to bring the chart into pespective
- started at one for ease of marking and moved 25 pips or 250 microns from start line for 24 horizontal lines