US30 – support line breached

Past performance is not an indicator of future results.
US30 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 2 days and suggests a target line to be around 26705.1545 within the next 10 hours.

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