US30 POTENTIAL BULLISH MOVEUS30 Market Outlook for the Upcoming Trading Week
I’m expecting a potential retracement in US30 back into the highlighted demand zone (D.Zn) before we see a significant push toward the target interest points (T.I.P.) I’ve highlighted in orange. This outlook is supported by the bullish imbalances left on the chart from Friday’s price action, which indicates strong upward pressure still in play.
Traders should watch for price movement into the D.Zn area for potential buy opportunities as the market gathers liquidity for the next bullish move. The orange T.I.P. zones are key levels to keep an eye on, as they represent profit-taking points as the market pushes higher.
As always, trade carefully, manage your risk, and monitor for any changes in market conditions that could affect this outlook.