US 30 Index Dives Below SMAs in Short-Term

[PocketOption]

US 30 Index Dives Below SMAs in Short-Term

The US 30 (cash) index failed again to touch the one-year low of 32,200 and returned higher but the near-term bias is still bearish. The 40- and the 200-day simple moving averages (SMAs) posted a death cross, confirming the bearish outlook. The RSI indicator is flattening below the 50 level, while the %K and the %D lines are ticking […]

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