US30 Intra-Week Analysis April 11th 2022

Apr 11, 2023

Last week after us30 pushed all the way to 33500 key level we saw buyers begin to liquidate position in anticipation of the move simply being a short-lived bullish rally. We then saw price consolidate at this key level for the remainder of the week. This week we've already saw price break out of this consolidation zone towards the upside leaving us to assume that If price continues to trade above we could see price clear the range to 34000 or 34500, before continued sells. Other than that we can look for sells if we get a break below 33300.