US30 Bearish outlook for April 2023

There is a cup and handle pattern forming at the Weekly chart of US30 as the end of month is approaching, which combined with the gloomy outlook of the banking sector in the US, gives a high probability for the index to move lower in April and test lower levels especially 31.000 - 30.800 levels.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer