US30 Intra-Week Analysis Jan 2nd, 2023

Us30 has been on a steady uptrend over the holidays which typically host a lot irregular movement entering a new year and business quarter. With that being said we've been creating new All-Time-Highs for the past 2 week, representing the optimism still in the market with hopes for continued rate cuts. We could likely see buyers begin taking profits at these new price points causing volatily to slow and potential signs of a slight pull back leading us to look for some sells. Otherswise we'll continue our bullish bias if price action continues to show signs of more bullish momentum.