US30 is heading towards 29729.0000 and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
NAS 100 formed a Flag on the 4 hour chart. Retest of support in sight.
NAS 100 is heading towards the support line of a Flag and could reach this point within the…
US 500 likely to test 6308.3198 in the near future. Where to next?
US 500 is en route to a very important line that will be a definite deciding factor of…
CAC 40 formed a Channel Up on the 1 hour chart. Retest of support in sight.
The movement of CAC 40 towards the support line of a Channel Up is yet another test of…