US30 Reversal Soon
The us30 looks to be entering a bear market, but with RSI at lows and VXD levels high, it is likely due for a reversal in the near future. However, it looks to push to lower levels and possibly test the next white trend-line. Wait for confirmation in a longer term EMA cross, VXD breakdown, and a bounce in RSI for entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.