US 30 Index Stands Below 50.0% Fibo, Bullish Correction In Progress

<p>The US 30 stock index (cash) found strong resistance at the 24,443 level and the 50-day simple moving average (SMA), returning back below the 50.0% Fibonacci retracement level of the downward wave from 29,582.61 to 18,145 at 23,866. Technically, the RSI indicator, holding in positive territory, is moving sideways with weak momentum, while the MACD […]</p>
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