US30 is heading towards the support line of a Head and Shoulders. If this movement continues, we expect the price of US30 to test 27112.0000 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
US30 is quickly approaching the support line of a Head and Shoulders. We expect either a breakout through this line or a rebound.
