So I'm away on holiday at the moment and am experimenting on a few ideas that have been running through my head these past few months so we are going to see one here with U30 the initial drop was inside a range for 3-4 phases before it drop and I went in to calculate the amount of points that it did and guess what it was about 1530 in price terms and after...
If the price holds the important support around 26,400 we will see new highs in mid-term
this is a not full analisis only watching for this
US30USD is approaching its support at 23913 (78.6% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 25459 (50% Fibonacci retracement , horizontal swing high resistance). Stochastic (21,5,3) is approaching its support at 6.2% where a corresponding bounce could occur.
Not bad long entry if bullish on equities. Fib levels. Good Luck