US30 Midweek Analysis 6/22/22

US30 has rejected our previous LH @30785 along with a doji candlestick formation on the daily timeframe giving us a confirmation for bearish momentum looking to continue our downtrend. Couple key things to look out for... A previous rejection of the bottom of our bearish channel may indicate one of two things... A bullish move with enough momentum to break structure to the upside, or a temporary bullish pullback which will result in our 30785 level holding as resistance in order to get another sell to test our current LL