Last week US30 has one hell of a bearish run dropping from major highs to extreme lows not seen since November 2022. This is in sharp contrast to the fundamentals which show a strong US economy however the fundamentals also reveal that the FEDs hiking policies are yet to achieve the desired effects signaling that more rate hikes will be needed and that caused indices to head lower. However we are now at a major support that the 33000 level i expect a few retests of this zone and if it holds the buys will be in.
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