Why I’m Sitting Out: US30 Reaches Critical Range High

I’m currently keeping a close eye on the US30, along with the other major indices 🧐. What stands out the most right now is how overextended this rally has become across the board 📈.

The key concern here is that price has now pushed into a previous external range high, sweeping liquidity resting just above that level 💧. This area is a textbook zone where big money often steps in to offload positions — it’s the perfect place for institutions to find willing counterparties after prior accumulation 📍💼.

Given the aggressive nature of this move and how far price has stretched, I’m extremely hesitant to get involved at this stage 🚫. I have zero interest in buying into a market that’s trading at a premium and sitting at a potential reversal zone ⚠️.

The prudent move here is to wait for a retrace, followed by a bullish break in structure before considering re-entry 🔁📈. Sometimes, the most powerful edge in trading is knowing when not to trade — and for me, today is one of those days.

⚠️ This is not financial advice — just sharing my current perspective on the market.