US30 holding above 53500 into month-end

Considering the current intraday low of $US30 at 53673.47 and the broader market sentiment, I'd put the probability of $US30 closing above the 53500 level at month-end around 70-75%. While there's always potential for a late-month unwind, the underlying support seems reasonably solid, and the dip has been contained so far today. The larger economic data releases coming up are the main wildcard, but a significant break below that prior support seems less likely than a consolidation or modest rebound from here.