The price dropped about more than 500 points as we mentioned previously, and is still under bearish momentum because already broken the bearish correction which is 44410.
So as long as trade is below 44270 and 44410 it will drop to touch 43900, on the other hand, we have a CPI effect Today that will be expected with more than the previous result, in this case, will support the bearish movement for indices, especially realizing more than 2.7%. due to the high volatility, we have a bullish correction till 44300 or 44410.
The price has reached the identified level of 43,900 and is expected to continue testing this level until a breakout occurs. A confirmed break below this level would signal a continuation of the downward trend, targeting the 43,760 level as the next support, and ultimately reaching 43,350.
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US30
The price reached our target perfectly is about 1000 points dropped