US30 is quickly approaching the resistance line of a Falling Wedge. We expect either a breakout through this line or a rebound.

US30 is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of US30 to test 26948.0000 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.