As we can see, the US30 has been rising for a while. The trend was clear; the volume was low. Traders pay attention to this trend and cautiously spend their money.
So, is this a reversal for US30?
I would say it could be.
The MACD already started to go down since Aug 11.
The RSI remains high. We cannot observe any hint now.
And you can see the rising wedge I marked. This is a small rising wedge. The volume started to rise while the wedge was forming. This could also be a signal that the price would change the direction.
Although the signals are not clear enough, let’s expect a downward trend.
So, is this a reversal for US30?
I would say it could be.
The MACD already started to go down since Aug 11.
The RSI remains high. We cannot observe any hint now.
And you can see the rising wedge I marked. This is a small rising wedge. The volume started to rise while the wedge was forming. This could also be a signal that the price would change the direction.
Although the signals are not clear enough, let’s expect a downward trend.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.