US30 Intra Week Analysis, June 4th 2024

Last week on us30, we saw price begin trading below 39k, clearing the range to 38500 as expected. Then continuing this bearish correction to test key level 38000 before rejecting and ending the week at 38500. On higher time frames us30 is still in a bullish market structure, giving us no reason to change our bullish bias. So unless us30 breaks below 37800 we can expect price to make its way back to 39k as long as we begin trading above 38600 after a potential retest of 38400 or 38000.