For the past week, US30 has been consolidating at Its All-Time High, creating a supply zone indicating buyer pressure is slowing. As price begins to break and close below key level 44750, we can expect a potential pullback to 44400 or 44000 still maintaining this uptrend before another bullish move is made. On the other hand if price breaks above 44750 expect a retest of 45000 ATHs.
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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.