US30USD on close above . easy scalp.
Dow Jones 30 Index (DJI) forum
๏ปฟUS30USD on close above . easy scalp.
US30 choppy asf again lol it will retrace hard down then up again
US30 60 pips ๐ chips in 10 min
US30 Looking at the 4-Hour timeframe, it's also in Bearish (directional) Market Bias. The bullish rally is headed for the Bullish Trendline (in green dotted line) to retest as part of the retracement.Afterwards, watch for a greater move to the downside because the 4-Hour is still in Bearish Market Bias for the most profitable moves to be bearish ones.
*Take Profit Projections:
42,552 - Pivot Low
42,482 - Start of S&R Zone
US30 today mkt may ending with 42333-42234? closing ?US30 intra day sell 42880-42926-42956-43050
US30 42590 to 42860 howzat....thank you followers ๐US30 Switching to the Daily, it's officially in Bearish (directional) Market Bias after crossing the Bullish Trendline (in green dotted line). An Evening Doji Star is forming. It's likely that we'll see a continued descent. In the trading days ahead, a retrace back up towards the trendline. Afterwards, an even bigger drop down.
*Conservative Take Profit Projections:
42,309 - Start of S&R Zone
42,284 - Low of Inside Day Pattern
for a Potential Breakout
US30 For Swing Traders:The Weekly remains in Bearish (directional) Market Bias. If the current candle forms an Evening Star by the end of next week with the next candle, then it would be reversal to the downside towards the Swing Low of 37,801 for the weeks ahead.
US30 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support: 41,803, 42,000
Daily Resistance: 42,704, 43,000
4-Hour Support: 42,400, 42,100
4-Hour Resistance: 42,700, 42,900
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 42,500
EMA 100: 42,200
EMA 200: 41,800
EMA 400: 41,300
4-Hour EMA Levels:
EMA 50: 42,600
EMA 100: 42,450
EMA 200: 42,200
EMA 400: 41,950
Weekly Pivots
Weekly Pivot Levels:
Pivot Point: 42,400
Resistance 1: 42,800
Support 1: 41,900
Daily Pivots
Daily Pivot Levels:
Pivot Point: 42,500
Resistance 1: 42,750
Support 1: 42,200
Fibonacci Retracement Levels
Key Levels:
23.6%: 42,274
38.2%: 42,232
61.8%: 42,086
Fundamental Analysis and Upcoming USD News ๐
As we look ahead, several key economic events could impact the US30 index. Traders should pay close attention to the following upcoming USD news:
CPI Data Release: Scheduled for June 14, this report will provide insights into inflation levels, which directly impact monetary policy decisions by the Federal Reserve. A higher-than-expected CPI could lead to volatility in the US30 as traders reassess their positions based on potential interest rate hikes. ๐
FOMC Meeting Minutes: On June 21, the release of the Federal Open Market Committee (FOMC) meeting minutes will shed light on the Fed's outlook on the economy and interest rates. Market participants will analyze these minutes for any hints of future monetary policy changes, which could significantly affect market sentiment. ๐
Unemployment Claims: The weekly jobless claims report on June 15 will provide further context on the labor market's health. A decrease in claims may bolster confidence in the economy, potentially leading to upward momentum in the US30. Conversely, an increase could raise concerns about economic stability. ๐ผ