US30 a sharp collapse/ Growth

29 de jan. de 2021

The price broke the uptrend and fell.
Since November 2020, the price of the index has been in an upward trend.
Resistance to the price was given by the line since September. Support - from November.
The price moved in a trend making false breakouts, but no more.
The other day it broke through the resistance line ((lower trend line) 30934.
Then she made two corrections, consolidated on the line.
And then it collapsed.
The price dropped to the 30260 support zone (existed since December 2020).
Then she touched the resistance again and returned to the zone.
I expect the price to rise from the support zone to resistance.
The target is 31205.


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