US30 Intra-Week Analysis April 4th 2022

After the russian invasion we saw an influx of investors buys at the bottom around 32400 which led to the bull run we saw and a breakout of the downtrend price has been in since the start of Q1. As we enter Q2 and investors take profits around 34800 we saw lower volume the previous week and price ranging between 34550 and 35400. This week expect price to retest the previous demand zone POI 34550, if price rejects that level and closes above 34900 we should see buys in the short term to 35400 but confirmation for higher price buys are valid above 35600.