Itskaleel

Itskaleel

Last week we got the initial break above 35000 and as expected a continued bearish move to 35600. US30 continued the week ranging between those 2 levels. This week as price sits right above 35000 struggling to break below its likely we'll see another move back up to 35600, if we break above expect price to make its way back up to All-Time-Highs. Without a break...

Itskaleel

Last week us30 began by perfectly rejecting the key level of 33500 without breaking below the first 4hr and daily candles of the week. Sellers have begun taking profits and bias is changing to the up side as we continued to print higher lows consistently last week. This week price has started in the 34500-34800 range already began rejecting the downside, if we get...

Itskaleel

Last week we saw us30 drop about 1700 pips as a result of investors taking profits with the growing concern that as inflation rises the FED(Federal Reserve) will increase interest rates, this bear market is completely normal and our job is to ride the trend if we wanna come out profitable. This week on us30 we can expect to be fairly bullish as we've already got a...

Itskaleel

Last week we saw the bullish move i anticipated play out to correct the previous weeks bearish decent from ATHs. As price tried to break below the key level of 36000 we saw low volume and lots of consolidation as expected leading into this week with the bank holiday occurring. Its still likely in the longterm price will continue bearish to around the 35400 area...

Itskaleel

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...

Itskaleel

Last week we saw us30 continue bullish breaking above the 26200 resistance, creating a new All-Time-High of 36710. After rejecting that ATH we saw us30 begin ranging after between 36600-36300. As us30 is still consolidating in this range if we get a break above 36600 expect a push to the 37000 area printing more ATHs or if we see a bearish move breaking below...

Itskaleel

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...

Itskaleel

Last week us30 tested previous highs twice but couldn't break the 36200 level before beginning its bearish descent to end the week at 35400. We then saw a continuation of that bearish momentum at market open to clear the range to 35000. This week after the break below 35000 its likely we'll see more bearish price action to either the 34400 or 34000 area with a...

Itskaleel

With price action printing lower lows along with a break and closures below 35600 its likely us30 will continue bearish and clear the range to 35000 which is the area you should set targets for this sell alert, Be patience when looking for an entry and use proper risk management.

Itskaleel

Last week was completely bullish for us30 as a result of the previous week ending with a perfect reverse head-and-shoulders formation. As called in last analysis we saw a retest of the 35600 area with a break above and continuation to the key level of 36000. If you entered buys when called you would’ve been up around 1000 pips. This week we can expect a slight...

Itskaleel

Last week we saw us30 continue its aggressive bearish run to retest the key level 34000, while forming a nice upside down head and shoulders candle stick formation after rejecting. This is a good indication of a reversal and change of bias to bullish. This week we can expect more bullish moves potentially retesting the 35600 area after the head and shoulders...

Itskaleel

After us30 reached current All-Time-Highs we've been heavily in a sellers market and last week after a slight retest of key level 36000 we saw an aggressive 1100 pip drop to end the week. This week as we are at a key support level of 34500 i'd expect to see a rejection then a slight correction of last weeks move with potential retest of 35500 resistance if we see...

Itskaleel

Last week we saw us30 breakout of the range as called then continue respecting the downtrend shown in the markup creating lower highs lower lows. This week i'd expect to see us30 make another push down to the key level and support of 35500. After analyzing from higher time frames its likely we'll see a rejection of that support and if price action shows signs of a...

Itskaleel

Last week we saw us30 touch an All-Time-High of 36575 and with price action showing noticeable signs of exhaustion we then saw us30 begin a bearish downtrend all the way to the 36000 area. Be sure to check out the updated swing trade called earlier in the week with both targets hit. This week we can expect us30 to begin playing in this new range 36100-36300 as it...

Itskaleel

It was noticeable that price exhaustion was going to occur after that huge bull run, along with price action confirmations. The swing trade I called played out perfectly and both targets were hit. 350 pips were caught. Look out for the next Weekly Analysis on Sunday.

Itskaleel

Us30 formed a perfect head and shoulders after rejecting the new ATH which is a strong indication that price will continue down. The previous 1 hour candle breaking and closing below 36300 tells us that price action should fill that wick and clear the range till 36100. Target 1 I have as 36100 and Target 2 as 35600.

Itskaleel

In the previous week we saw us30 continue bullish on a steady uptrend and sit strictly between the trend line until the friday which is when we saw a huge bullish breakout of the trend as a result of the NFP(None Farm Payroll) news. NFP typically has a big effect on price as its directly correlated to the US economy and comes out the first friday of every month....

Itskaleel

As expected last week continued its bullish run printing new All-Time-Highs after a slight pullback to respect the trend. This week i wouldn't expect anything much different as us30s bias is still very bullish. Unless we have valid confirmations from price action and candle sick formations indicated a reversal or beginning of a down trend.