US30 Intra-Week Analysis Nov 28th, 2023
As expected from the previous week, we've began to see price exhaustion occur as we enter the 35500-35600 range (previous highs, key demand zone) after the bull run. Its likely price will begin consolidating in that zone (white rectangle) before see either a rejection of this key level signified by a break below 35400 or a break above 35600 pushing price back up to All-Time-Highs. For Intra-day trades if the daily candle holds and closes above 35400 then ill be looking for buys to 35600, otherwise if it closes below expect a pullback and sells to 35200.
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