Dow Jones Industrial Average Index forum
US30 📊 US30 22nd January 2025 Daily Analysis Based on Main Key Levels
Current Market Overview
The current Daily Current Market Price (DCMP) for US30 is 44,035. This analysis highlights key resistance and support levels, along with actionable trade setups based on technical and fundamental analysis.
Key Levels Summary
Resistance Levels Above DCMP (44,035)
🔺 Resistance 1: 44,092
🔺 Resistance 2: 44,113
🔺 Resistance 3: 44,276
🔺 Resistance 4: 44,574
🔺 Resistance 5: 44,840
Support Levels Below DCMP (44,035)
🟢 Support 1: 43,496
🟢 Support 2: 43,312
🟢 Support 3: 42,211
🟢 Support 4: 42,938
Swing Levels
📊 Swing High: 45,065
📊 Swing Low: 41,733
Trade Setups
Intraday Buy Trade Setup
🔹 Entry Price: ✨ 43,664
🔹 Stop Loss: ❌ 43,400
🔹 Take Profit 1: 🎯 44,000
🔹 Take Profit 2: 🎯 44,200
Reason for Entry:
The support level at 43,664 is below the DCMP, establishing a strong buying zone. This level aligns with Fibonacci retracement and technical support, indicating potential for upward movement.
Intraday Sell Trade Setup
🔹 Entry Price: ✨ 44,113
🔹 Stop Loss: ❌ 44,300
🔹 Take Profit 1: 🎯 43,800
🔹 Take Profit 2: 🎯 43,600
Reason for Entry:
The resistance level at 44,113 is above the DCMP, indicating a strong selling zone. This level aligns with Fibonacci extension and technical resistance, suggesting potential for downward movement.
Analysis Summary
Resistance and Support Levels: Key levels derived from technical analysis indicate potential reversal zones. Resistance levels are identified at 44,092, 44,113, and 44,276, while support levels are at 43,496, 43,312, and 42,211.
Fibonacci Levels: Resistance and support zones highlight significant retracement and extension levels, providing potential entry points for trades.
RSI Divergence: RSI indicates potential overbought conditions at resistance levels and oversold conditions at support levels, confirming possible reversals.
MACD Crossing: MACD suggests bullish momentum at support levels and bearish momentum at resistance levels, providing additional confirmation for trade setups.
Conclusion
This analysis provides actionable trade setups and key levels to help traders make informed decisions in the US30 market. With the current market price at 44,035, traders can utilize the outlined resistance and support levels, along with technical indicators, to execute trades confidently.
US30 *buy at any level and you’d make money* positive feedback loop rewarding a negative behaviour.. leading to dire consequences as a trader… keep it up.
US30 today if you just baught at whatever level you would be making moneys lolUS30 i’m staying out… this can go either way
US30USD 😂😂 folks getting cooked. back into the shadows I go.
US30 sell now tp 43770
US30 There could be a reversal here
US30 don’t sell yet guysUS30 📊 US30 Intraday Trade Setups
💼 Trade Idea: Buy Intraday Trade Setup
🔹 Entry Price: ✨ 43,615
🔹 Stop Loss: ❌ 43,580
🔹 Take Profit 1: 🎯 43,700
🔹 Take Profit 2: 🎯 43,800
📌 Reason for Entry:
The entry price of 43,615 is positioned near a strong daily support level, aligning with key Fibonacci retracement levels. This suggests a favorable buying opportunity, supported by bullish momentum indicated by RSI and MACD, alongside positive price action confirmation.
💼 Trade Idea: Sell Intraday Trade Setup
🔹 Entry Price: ✨ 43,755
🔹 Stop Loss: ❌ 43,800
🔹 Take Profit 1: 🎯 43,650
🔹 Take Profit 2: 🎯 43,600
📌 Reason for Entry:
The entry price of 43,755 is positioned near a critical resistance level, indicating a potential reversal point. This setup aligns with Fibonacci extension levels and is supported by bearish momentum suggested by RSI and MACD, confirming the likelihood of downward movement