US30 Important to read! first of everything, let me say THANK YOU for your trust in my analysis and view! And I am happy I could help in hitting so many targets and to do a lot of money through ideas!
Nothing is better than helping really! Then let us go to the next point of my post now, how we expect from US 30 after hitting my short trades targets and touched by a daily candle of the 02.01.25 (by point) the purple daily uptrend line which I advised many times on my minds and on my ideas of US 30 the importance of closing the short trade ONCE the day candle (touches) that line and I meant touching as if you follow me, you would find me saying (often) to settle, but this time I meant what I wrote as that line was not broken since 27.10.23 and I was expecting a bullish retrace straight forward and that is exactly what happened! And then turned that 02.01 day candle to a red spinning top then formed a double bottom pattern on the daily frame and on the 3rd of Jan (yesterday) it was so clear to continue the bullish retrace and the index made a real green day candle with a long body and so short wicks which reflects the power of the bullish bias after the touch.
Another point, pay attention truly to the key prices I say on Minds here! As they are more likely the whalers key prices too!!! You can notice easily I say that price or that price is a game changer or it is so important price. Like for example I said on 27th Nov I expect a blood bath, right? Then I said the most two important prices before were 44735 and 43435 correct?! Then I said by losing 44735 will send the index down as it is a game changer, down where?! Of course to the second most important price which was 43435 then I said losing it will send the index further down, to where?! Then I set my last two ideas for US 30 after, and I spoke about the importance of the purple line on my idea and I said the whalers wanted to go there! And also I said on a Mind below that the most important price currently is 42160 then the index went to so close price to it which was 42131 to touch the purple line then boooom to the upside reaching to 42756 then closed on Friday session on 42674
Since 27th Nov 2024 I did 4 ideas for short trades and all of them were successful! But what will happen later will be not as easy as before as it could be two ways road. But I will set today an idea for my view to the US 30
I wrote all above in details to realise the facts of the prices I mentioned and the basis points of my analysis too. As to know what will happen, will depend on the past of it since the big bearish wave started till the touch of the purple uptrend line!!
As in my coming idea, no room to mention again all the above honestly. Once it will be ready, I will announce here too 😊
✅ Support 1: 42,576 ✅ Support 2: 42,375 ✅ Support 3: 42,051
Swing Levels
📈 Swing High: 45,065 📉 Swing Low: 42,045
Summary of Analysis The current market price of 42,683 indicates that the key resistance level above this price is 42,900, while the support level below is 42,576. The swing high stands at 45,065, and the swing low is at 42,045.
Suggested Trades
📈 Intraday Buy Trade
Entry Price: ✨ 42,576 Stop Loss: ❌ 42,184 Take Profit 1: 🎯 42,900 Take Profit 2: 🎯 42,966
Reason for Entry:
The price is approaching a key support level at 42,576, which presents a favorable buying opportunity based on technical analysis.
📉 Intraday Sell Trade
Entry Price: ✨ 42,900 Stop Loss: ❌ 43,224 Take Profit 1: 🎯 42,782 Take Profit 2: 🎯 43,425
Reason for Entry:
Resistance at 42,900 indicates a potential selling opportunity, with targets set below this level.
Conclusion
This analysis provides a concise overview of key levels and trade opportunities for US30. By monitoring these levels, traders can make informed decisions in the current market environment. Happy trading! 🚀
US30 update: market has turned bullish with the expectation of Dax40…. the only pullback happening is to 42,64k[1hr chart based on OHLC]from here on, we could be heading to 44,6k-44,7k… load and hold