Those of you that are trend followers are probably eagerly watching US30 to see if its latest 16.2% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 53 days move.
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DAX 40 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on DAX 40 on the 1 hour chart. There is a…