US stock indices came under selling pressure on Friday following European markets close. As indices from the Old Continent finished the day significantly lower, now pessimism might be spotted on US stock exchanges. Currently all major US indices are plunging more than 2%. The Dow Jones Industrial Average (US30) fell below 30,000 pts, which was a critical support earlier. The next support level may be found at 38.2% Fibonacci retracement of the recent upward impulse.
US30, H4 interval. Source: xStation5
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