US30 Intra-Week Analysis Dec 13th 2021

Last week was completely bullish for us30 as a result of the previous week ending with a perfect reverse head-and-shoulders formation. As called in last analysis we saw a retest of the 35600 area with a break above and continuation to the key level of 36000. If you entered buys when called you would’ve been up around 1000 pips. This week we can expect a slight correction of last weeks bull run with us30 dropping to the 35600 level. Expect a rejection and ranging before a continuation to the upside as the bias is still bullish.
Also as we’re approaching the holidays take this time to study us30s price movements around this time and other months as the markets get really unpredictable approaching the new year. Trade with caution!