US30 Intra-Week Analysis Jan 10th 2022
MUST READ: Us30 has been steadily gaining in price since the beginning of the pandemic , it has been respecting a nice uptrend range since about April 2021 which is a solid way to anticipate prices direction in the short term. Last week us30 made another bullish push printing a new All-Time-High just under the key level of 37000 then perfectly rejecting to respect the trend and dropping about 700 pips to end the week. This week should be a continuation of this bearish momentum all the way to the 35000 area, expect a slight bullish correction before another sell off.
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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.