Weekend Analysis - Daily TF - US30 - In a Range

Since the start of April, Price has continue to consolidates within a big range after it retraced from its bottom. It has found support twice on Institutional Level 23000 which has act as the Bottom of the Range. After bouncing off the bottom on a second time, price has managed to surge higher towards the Range top around Institutional Level 24750 - 25000. If price managed to break and close above 25000 with a clear retest, price could potentially surge higher to the EMA 200 around Institutional Level 25500. However, if price failed to break above and continue to rejects the Range Top, price could continue to consolidates within the range.