US 30 is trying to rebound but struggling to make headway, remaining short of its recent double top near 17,910. RSI rolling over suggests upward momentum faltering. Next potential support near 17,715 then 17,600 in a pullback.
US SPX 500 tried to rebound but hasn’t gotten very far, continuing to trade below yesterday’s high near 2,065. RSI back under 70 suggests a correction starting with next potential support near 2,035 then 2,020.
By Theodoros Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk