US30 Intra-Week Analysis, May 14th 2024

We got the break above 39000 on us30. We've now begun consolidating at key level 39500, slightly under the current All-Time-High. We will likely see buyers try to squeeze as much profit as possible so expect a bullish move to test the ATH, specifically if we see a break above 39600, clearing the range to 40000. Otherwise, if price breaks below 39400 we could see a slight correction back 39000 before continued buys.