Looking at the US30 index at M15 interval, one can see that the price bounced off the key support marked with the lower limit of 1:1 structure and previous price reactions, as well as 150-period moving average (26,950 pts). According to the Overbalance methodology, the mid-term trend was confirmed to be upward. If the current sentiment prevails, the upward move could be extended to fresh post pandemic highs.
US30 M15 interval. Source: xStation5
• The US economy added 1.76 million jobs in July 2020 • Trump bans dealings with Chinese owners of TikTok, WeChat • Gold...
4:12 PM• The pandemic shows no signs of slowing down. The number of new cases continues to increase rapidly on all continents. As new infections increase,...
1:34 PMThe US economy added 1.763 million jobs in July, compared to record 4.8 million increase in June and above market expectations of 1.580 million....
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