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AMby u/arslan_mehmet·2hAnalysis

US30 Hitting 53,000 by Month-End

I'm putting the odds of $US30 reaching 53,000 by the close of May at about 60%. We've seen significant upward momentum, consistently making higher lows, and the daily range for today shows a strong fight for the highs (currently 52485.03, hitting 52623.14 earlier). While there might be some profit-taking dips, the underlying bullish sentiment, coupled with the relative lack of major negative catalysts this week, suggests enough buying pressure to push us through that psychological barrier. It feels like a continuation play.

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