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.
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.
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