US30 Bullish Reversal or Bearish Continuation?

Us 30 has pulled back into a range where it can potentially drop again to the downside. This may only be able to happen if price stays below 34259.35. If price stays below we could possibly see price fall back down to 28598.73.

However, and it is a big however, if price pushed past 34259.35, this could be a massive move for traders or investors looking for reasons to buy back into the stock market. Especially since the dollar index has just reversed.

Let us see how the next few daily candles close to provide us evidence of which way price wants to go.

Thanks for reading❤️📖