Dow Jones 30 forum
US30 today is a sell upvoteUS30 today is a buy upvote
US30 📊 US30 10th January 2025 Daily Analysis Based on Main Key Levels
In the current trading environment, understanding key levels is crucial for making informed decisions. The Daily Current Market Price (DCMP) for US30 is 42,556. This analysis will highlight resistance and support levels, trade setups, and relevant technical indicators.
🔍 Summary of Key Levels
Resistance Levels (above DCMP):
🔴 Resistance 1: 42,947
🔴 Resistance 2: 43,153
🔴 Resistance 3: 43,489
Support Levels (below DCMP):
🟢 Support 1: 42,276
🟢 Support 2: 42,070
🟢 Support 3: 41,735
🔍 Swing Levels
Swing High: 45,065
Swing Low: 42,138
Technical Analysis
The current market price at 42,556 is situated between significant resistance and support levels. Key levels above the DCMP serve as resistance, while those below act as support. Utilizing Fibonacci retracement and extension levels can help identify potential reversal points.
Trade Setups
Intraday Buy Trade Setup
📍 Entry Price: 42,276
🛡️ Stop Loss: 42,484
🎯 Take Profit 1: 42,622
💰 Take Profit 2: 42,665
This setup targets the support level, indicating a potential upward movement based on the current market structure.
Intraday Sell Trade Setup
📍 Entry Price: 42,612
🛡️ Stop Loss: 42,734
🎯 Take Profit 1: 43,153
💰 Take Profit 2: 43,489
This setup focuses on the resistance level at 42,612, suggesting a potential downward movement.
Additional Technical Insights
Fibonacci Levels: Key Fibonacci retracement and extension levels align closely with resistance and support zones, providing additional validation for trade setups.
RSI Divergence: Monitoring RSI divergence is essential for identifying overbought or oversold conditions, aiding in timing entries and exits.
MACD Crossing: A MACD crossover could signal potential momentum shifts, reinforcing the trade ideas presented.
Conclusion
Understanding key levels and market structure is vital for effective trading in US30. The outlined trade setups provide structured opportunities based on technical analysis, empowering traders to make informed decisions. By integrating these insights into your trading strategy, you can navigate the market with confidence.
US30 brought to you by hawk-ish tuah news, yabih.
US30 80% bear 20% bullUS30 it's like.. if a wall keeps getting punched, the integrity of structure gets compromised.. and we've been punching the same wall, at the same level now for some time.. The dollar index is ony going up too.. what you gotta tell me?
DJI XAUUSD: Bullish BiasEntry: 2672
TPs: 2668 / 2664
SL: 2676
Favorable market conditions suggest potential upside. Manage risk appropriately.
Not financial advice. Trade responsibly.
US30 prep for 41,7kUS30 this is a classic "textbook-definition" bearish outlook. it's fucking nuts. We're squeezing rn as we speak.
