US30 Intra-Week Analysis Nov 15th 2022

15 nov 2022

Last week we saw price break above 33500 and begin trading above, leading us to expect a push to key level 34000 which we saw. Price has begun reacting at this key level 34000 that we've visited and rejected 2 other times. As we've now formed a triple top on higher time frames and now on the intra-day time frames, price action and probability can lead us to assume we will likely reject a third time and begin a more bearish bias from this price point. Valid sells below 33500 otherwise, there's a clear range for buys to 35k if we see breaks and closures above 34k.