Regarding Us30 two situations may take place however the end is the same ( falling)
Situation one : retracement from 41848 or 41452 level
To 42494 and continue to fall
Situation two : retracement from above mentioned levels
To higher high at 43389 forming a double top pattern and end up to fall .
The accending channel is broken so situation two is acceptable for me .
Situation one : retracement from 41848 or 41452 level
To 42494 and continue to fall
Situation two : retracement from above mentioned levels
To higher high at 43389 forming a double top pattern and end up to fall .
The accending channel is broken so situation two is acceptable for me .
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