US 30 Index Pauses Its Upside Rally Below 200-Day SMA

<p>The US 30 cash index has lost its strong positive momentum after the pullback from the three-and-half month high of 27,369 on June 9. The price found strong resistance at the 200-period simple moving average (SMA) over the last few days and is still consolidating above the 23.6% Fibonacci retracement level of the up leg [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/306509-us-30-index-pauses-its-upside-rally-below-200-day-sma/">US 30 Index Pauses Its Upside Rally Below 200-Day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>