US30 Intra-Week Analysis Dec 12th, 2023

12 gru 2023

Us30 is now testing All-Time-Highs after breaking out bullish last week from the 36000-36200 liquidity zone. With this data heavy week upon us, the FED interest rates being released will likely impact whether we see us30 continue bullish creating new ATHs. For that to be the case we'd like to see FEDs continue to keep rates steady as expected or lower them and Powell's speech being dovish while being optimistic. With that being said if price begins trading above 36600 expect a retest and bullish move to create new ATHs or look out for another rejection of this key level creating a double top for reversal sells, as we've already got one fake out rejection creating a shooting star.