Us30 has been on a bearish rally for some months now.
As structure and impulsiveness of the moves show a Strong Bearish Momentum.
The market mones in a Impulse, Correction(accumulation), impulse structure. As such following this principle we can see that we had a Impulsive move to the Downside in this Bearish channel and is Currently correcting.
It is advisable to follow the trend and we stand a higher probability if we stick selling the market.
There is further confluence in the Creation of a Bearish Flag in this structure
As structure and impulsiveness of the moves show a Strong Bearish Momentum.
The market mones in a Impulse, Correction(accumulation), impulse structure. As such following this principle we can see that we had a Impulsive move to the Downside in this Bearish channel and is Currently correcting.
It is advisable to follow the trend and we stand a higher probability if we stick selling the market.
There is further confluence in the Creation of a Bearish Flag in this structure