The US 30 index has retreated from its all-time high in early January amid strengthening negative momentum. Moreover, the index has crossed below the 50-period simple moving average (SMA), which is considered as a bearish sign for the near term. Short-term momentum indicators are also reflecting a negative bias for the index, as the RSI […]
The post US30 Index Meets Support at 200-SMA; Bearish Forces Persist appeared first on Action Forex.
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