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Should we expect a bearish trend on US30?

US30 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 11 days and suggests a possible target level to be around 39710.6000 within the next 2 days.

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