US30 Intra-Week Analysis Dec 20th 2021

20 Ara 2021

Last week us30 tested previous highs twice but couldn't break the 36200 level before beginning its bearish descent to end the week at 35400. We then saw a continuation of that bearish momentum at market open to clear the range to 35000. This week after the break below 35000 its likely we'll see more bearish price action to either the 34400 or 34000 area with a potential rejection and change of bias to bullish.