US30 Intra-Week Analysis Dec 27th 2021
Us30 was completely bullish last week with no sign of slowing down. Which was expected after a nice bullish hanging man candle formed after rejecting the 34700 area, which started the 1300 pip move to end the week at 36000. This week its likely we'll begin some consolidation between 36200 and 35900 then if we get a break above 36250 its likely we'll see a retest of the previous All-Time-High potentially printing new ones. If we get breaks below 35900 expect the bearish bias to take effect and sells are valid to trend line.
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