Itskaleel

US30 intra-week prediction

Last week us30 began a slight downtrend from the 34800 area before rejecting a key resistance level of 34200 and pushing back up to 34800 to end the week. Still respecting the overall bullish trend that began on June 20th and still staying within the zones ( blue uptrend lines). This week looks like a continuation of that uptrend so far but we can expect to see either a pullback to at least 34800 before more bullish momentum to create new ATHs or begin to range between 35200 and 34800 before breaking out of those levels and starting a new downtrend.
Disclaimer

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.