US30 Intra-Week Analysis

The past 2 weeks us30 has been playing in the 300 pip range of 35200 and 35500. On the daily timeframe we've seen it reject the key level of 35000 multiple times implying we can either expect it to bounce off the trend line and continue the overall bullish momentum to All Time Highs or price exhaustion could begin taking place with a break out below 35000 and pullback to 34600. Price action this week should confirm the overall direction we'll see us30 move.