US 30 Index Sidelined In Near Term, Strongly Negative In Medium Term

<p>The US 30 cash index is being embraced by the 23.6% Fibonacci retracement level of the down leg from 29,582.61 to 18,145 at 20,851 and the 38.2% Fibonacci at 22,518 over the last days. The lack of direction is confirmed by the RSI indicator which is moving with weak momentum beneath the 50 level, while [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285073-us-30-index-sidelined-in-near-term-strongly-negative-in-medium-term/">US 30 Index Sidelined In Near Term, Strongly Negative In Medium Term</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>