Pre-News & Pre-Market Open Analysis: US30
Great morning to you all!
Pre-News & Pre-Market Open Analysis:
Key Levels to Watch:
Identify confluences between your weekly (green), hourly (blue), and 15-minute (yellow) Fib levels.
Look for areas where multiple levels align—these are strong reaction zones.
Identify strong support/resistance levels from previous highs and lows.
News Event Considerations (7:30 AM CT):
Volatility will increase near the release.
Expect potential liquidity grabs before the real move happens.
Consider waiting for the first reaction before entering any trades.
Indicators Check:
RSI: Currently at ~53, suggesting neutral momentum—watch for overbought/oversold zones.
MACD: Looks like it's slightly negative, suggesting a pullback or weak momentum. If it starts crossing bullish, that could indicate a potential reversal.
Bollinger Bands: Price is near the upper band—watch for a potential retracement if momentum weakens.
Game Plan:
Before the News:
Mark potential trade setups based on your fib confluences.
Avoid early entries—let the market show its direction first.
After the News Release:
If price spikes into a key level (like a strong fib resistance/support), wait for confirmation (e.g., candlestick pattern or RSI divergence).
If market trends strongly after the release, look for pullbacks to enter in the direction of momentum.
Based on your chart and the Fibonacci retracements, here’s how we can mark potential trade zones:
Key Trade Zones to Watch:
1. Resistance Zones (Potential Sell Areas)
Around 45,000 - 45,085:
This aligns with a previous high and is near the weekly fib 0.786 - 0.886 zone.
If price spikes here after news, look for rejection signs (e.g., wicks, RSI divergence, or MACD weakening).
44,810 - 44,850 (Mid-range Resistance):
Overlap of 1H fib 0.618 level and the EMA zone.
If price rejects from this level before the news, it could indicate a weaker bullish push.
2. Support Zones (Potential Buy Areas)
44,574 - 44,483 (Major Support Zone):
1H Fib 0.618 + Weekly Fib 0.382 confluence.
If price drops here after the news, watch for bullish confirmations (strong candle closes, RSI oversold).
44,380 - 44,250 (Deep Pullback Buy Zone):
1H Fib 0.786 - 0.886 level and aligns with past consolidation.
If news causes a liquidity sweep, this could be a strong reversal area.
Trading Approach:
Pre-News:
No aggressive entries; observe price reaction to key levels.
During News:
Expect liquidity grabs and fakeouts before a real trend is set.
Post-News:
If price rejects from resistance → Look for sell setups.
If price drops to strong support zones and holds → Look for buy setups.
Kepp in mind this is just. a pre-market analisys, onces the news have passed we will have a better understanding of what the market can head towares too!
comment your thoughts down bellow.
Follow for more.
Regards,
Nozuk
Pre-News & Pre-Market Open Analysis:
Key Levels to Watch:
Identify confluences between your weekly (green), hourly (blue), and 15-minute (yellow) Fib levels.
Look for areas where multiple levels align—these are strong reaction zones.
Identify strong support/resistance levels from previous highs and lows.
News Event Considerations (7:30 AM CT):
Volatility will increase near the release.
Expect potential liquidity grabs before the real move happens.
Consider waiting for the first reaction before entering any trades.
Indicators Check:
RSI: Currently at ~53, suggesting neutral momentum—watch for overbought/oversold zones.
MACD: Looks like it's slightly negative, suggesting a pullback or weak momentum. If it starts crossing bullish, that could indicate a potential reversal.
Bollinger Bands: Price is near the upper band—watch for a potential retracement if momentum weakens.
Game Plan:
Before the News:
Mark potential trade setups based on your fib confluences.
Avoid early entries—let the market show its direction first.
After the News Release:
If price spikes into a key level (like a strong fib resistance/support), wait for confirmation (e.g., candlestick pattern or RSI divergence).
If market trends strongly after the release, look for pullbacks to enter in the direction of momentum.
Based on your chart and the Fibonacci retracements, here’s how we can mark potential trade zones:
Key Trade Zones to Watch:
1. Resistance Zones (Potential Sell Areas)
Around 45,000 - 45,085:
This aligns with a previous high and is near the weekly fib 0.786 - 0.886 zone.
If price spikes here after news, look for rejection signs (e.g., wicks, RSI divergence, or MACD weakening).
44,810 - 44,850 (Mid-range Resistance):
Overlap of 1H fib 0.618 level and the EMA zone.
If price rejects from this level before the news, it could indicate a weaker bullish push.
2. Support Zones (Potential Buy Areas)
44,574 - 44,483 (Major Support Zone):
1H Fib 0.618 + Weekly Fib 0.382 confluence.
If price drops here after the news, watch for bullish confirmations (strong candle closes, RSI oversold).
44,380 - 44,250 (Deep Pullback Buy Zone):
1H Fib 0.786 - 0.886 level and aligns with past consolidation.
If news causes a liquidity sweep, this could be a strong reversal area.
Trading Approach:
Pre-News:
No aggressive entries; observe price reaction to key levels.
During News:
Expect liquidity grabs and fakeouts before a real trend is set.
Post-News:
If price rejects from resistance → Look for sell setups.
If price drops to strong support zones and holds → Look for buy setups.
Kepp in mind this is just. a pre-market analisys, onces the news have passed we will have a better understanding of what the market can head towares too!
comment your thoughts down bellow.
Follow for more.
Regards,
Nozuk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.