US30: Rising Wedge

US30, Daily

In the Daily timeframe, US30 fell towards the lower trendline in a short-term rising wedge. Despite the long-term rise, a divergence has formed on the RSI.

• If the price breaks the trend line below 41900, the price will fall to 41000 and further to 40300;

• A bounce off the trend line will send the US30 to 43330, corresponding to 161.8 Fibonacci;