Updated
US30 Intra-Week Analysis May 2nd 2022
Last week we saw price range between 33200 and 34100 as sellers began taking profits but continued Fear, Uncertainty and Doubt from the IMF meeting impacting price. To end the week we saw buyers try to squeeze in more positions, then a failure to break above 34k and continued outflow to the downside where price came to retest 33k. What i'd expect to see this week is a potential pullback to 33500 before diving deeper into the higher timeframe demand zone of 32k. I'll will attach a more in depth youtube analysis video to this post.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.