Earnings, Fed Outlook Lift Wall Street Pre-Bell; Asia,Europe Off
Updated
Technical Analysis: US30
Current Outlook: The price reached its resistance line which is 41055 and then stabilized under it, today will consolidate between 41055 and 40650 till breaking
Bullish Scenario: To initiate an uptrend, the price must break above 41055, potentially reaching 41360.
Bearish Scenario: As long as the price remains below 41055, it indicates a continued downtrend towards 40650.
Key Levels:
- Pivot Line: 40980
- Resistance Levels: 41055, 41185, 41,360
- Support Levels: 40650, 40420, 40100
Today's Expected Trading Range: The price is anticipated to fluctuate between the support level at 40650 and the resistance level at 41,055.
Current Outlook: The price reached its resistance line which is 41055 and then stabilized under it, today will consolidate between 41055 and 40650 till breaking
Bullish Scenario: To initiate an uptrend, the price must break above 41055, potentially reaching 41360.
Bearish Scenario: As long as the price remains below 41055, it indicates a continued downtrend towards 40650.
Key Levels:
- Pivot Line: 40980
- Resistance Levels: 41055, 41185, 41,360
- Support Levels: 40650, 40420, 40100
Today's Expected Trading Range: The price is anticipated to fluctuate between the support level at 40650 and the resistance level at 41,055.
Note
US30 UPDATE
Moving Well +550 pip ✅
still running its trend toward 40280 and then will move between 40280 and 4065 till breaking
Timeframe 4h, 1h
current price 40510
Note
still...
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