US30 long set up might be emerging within the next few trading h
It looks like downward momentum is fading. There is a divergence in OBV, MACD and price. Arroon Up and Down already flipped, although no uptrend confirmation yet. Ideally, price will run sideways some more so that the wedge's upper trendline converges with the SMA 200 and then break out above the upper trendline and SMA 200. By that time, price might be above SMA 21 and SMA 50 already.