Last week we saw us30 struggle to break above 35800 and drop around 1000 pips to retest the key level 34800 and consolidate after breaking structure. This week so far price created a low then rejected the consolidation level indicating a bearish move. If we see us30 break these lows then expect a continuation bearish while respecting the bearish downtrend price has formed.
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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.