US30 is in strong bearish trend. As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 0.618 Fib retracement level. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
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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.