us30 US30 forecasts
While not technically the level of the official ‘bear market’ for this so-called ‘value index’ (that is 29,562 on my chart), there is a pull towards round numbers in markets. Should this hold out of the major US indices capitulate to the regime change from bull to bear, it can exert significant weight on the financial system.
Related publications
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.