Chart patterns and timing work hand in hand. Last week, the US30 has been consolidating for the 2nd week while creating lower highs and lower lows. A similar pattern has happened jus about 2 months ago in July as the price rose to a high, consolidated for close to 3 weeks, and fell like a waterfall. Straight to the point, traders can consider selling US30 right now with a stop loss just above the previous high (must be higher than 27000). Profit targets at 26400, 25800 and 24800.
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