After the massive drop during the pandemic in March 2020, US30 managed to recover all of its loss and managed to create new highs. We are now at a significant level now where price can either continue pushing higher or we could turn bearish . It's important to note that the FED announcement is today which will have a big impact .
Keep a close eye on the the 34100 level and if we make a clean break below, we can be bearish on US30. If not, we will continue to buy.
The link broke right after your post. What's your view on it now? do you think its a fake out or downtrend is already on? What I am hearing otherwise is that its time to buy. Cheers
AliAbbid101
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@MasterSaps I’m expecting a reversal next week tbh be careful shorting move has already happened