US30 Intra-Week Analysis Jan 10th 2022

MUST READ: Us30 has been steadily gaining in price since the beginning of the pandemic , it has been respecting a nice uptrend range since about April 2021 which is a solid way to anticipate prices direction in the short term. Last week us30 made another bullish push printing a new All-Time-High just under the key level of 37000 then perfectly rejecting to respect the trend and dropping about 700 pips to end the week. This week should be a continuation of this bearish momentum all the way to the 35000 area, expect a slight bullish correction before another sell off.