ElitePowerTrades

US30 | TO GO LONG?

US economy seems to be defying all odds and continuing its relentless upwards movements. Recession to come this year but until then movement upwards?

We can see a Bullish Pennant on the weekly of which has bounced perfectly off the 0.68 retracement level and broken out of a downtrend channel.

Will we see further Highs? We will wait for the break and retracement on this one to get a position!
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