I think US30 can continue bullish until it reaches the 4H TF trendline where there could be a huge rejection and the continuation of the bearish trend. With the increase in prices due to inflation and recent sanctions, the economy could take a hit and lead to a huge sell off in the markets. We will see what price decides to do during the NY open tomorrow.
1.Price is forming higher lows
2. A break below 33040, can continue bearish until the bottom of the range at 32900
3. A break and close above 33275 can continue bullish until the high at 33420
1.Price is forming higher lows
2. A break below 33040, can continue bearish until the bottom of the range at 32900
3. A break and close above 33275 can continue bullish until the high at 33420