US30 Intra-Week Analysis June 1st 2022

Last week we saw us30 make that expected move to 32500 after the closure above 31600. We then broke above 32500 and continued to test 33500 before coming back down to the key price sensitivity level of 32700. For the rest of the week as we approach 32600 if we get the break below we can expect price to continue bearish making its way back to previous lows or if we reject this level and continue bullish my target for price for would be 34k before seeing investors begin to exit liquidity and a sell off on us30.