US30 two likely scenarios: Higher probability of downwards trend

25 ביוני 2023

US30 has shown strong downward momentum. In my opinion, it is likely to continue downwards to the second defined area, otherwise there is a chance it either breaks the trend line, retests and goes back up to the support zoon, or it could remain trading above that first area of resistance and rocket upwards to the support area. Either way, I am bearish on US30 as it is showing signs of a trend reversal overall.