US 30 Index Remains Negative in Short-Term; SMAs Post Bearish Cross

The US 30 (Cash) index rebounded off the seven-month low of 33,145, gaining some momentum, but the short-term simple moving averages (SMAs) posted a bearish crossover. The RSI indicator is flattening near the oversold zone, while the MACD oscillator is losing ground below its trigger and zero lines. If price action remains above 33,940, there […]

The post US 30 Index Remains Negative in Short-Term; SMAs Post Bearish Cross appeared first on Action Forex.