US30 Intra-Week Analysis Dec 3rd 2024

For the past week, US30 has been consolidating at Its All-Time High, creating a supply zone indicating buyer pressure is slowing. As price begins to break and close below key level 44750, we can expect a potential pullback to 44400 or 44000 still maintaining this uptrend before another bullish move is made. On the other hand if price breaks above 44750 expect a retest of 45000 ATHs.