The entry price of 41,648 is positioned near a strong daily support level, which aligns with key Fibonacci retracement levels. This setup suggests a favorable buying opportunity with potential upward momentum, supported by price action around the support zone.
The entry price of 41,840 is close to a significant daily resistance level, which coincides with Fibonacci extension levels. Technical indicators and price action suggest a potential bearish reversal from this level, making it an ideal sell setup.
💡 Summary:
US30 is trading at critical levels, with support around 41,648 and resistance at 41,840. The Buy Setup targets are set at 41,720 and 41,800, while the Sell Setup targets are at 41,780 and 41,700. These setups are based on daily Fibonacci retracement levels and strong support/resistance zones.
US30 📊 US30 13th January 2025 Daily Analysis Based on Main Key Levels
US30 is trading near critical resistance and support levels, presenting traders with actionable opportunities. This analysis highlights key levels, swing high, swing low, and trade setups based on technical indicators such as Fibonacci retracement, RSI divergence, and MACD crossing.
🟢 Support 1: 41,817 🟢 Support 2: 41,512 🟢 Support 3: 41,020
Swing Levels:
Swing High: 45,065 Swing Low: 42,138
🔍 Technical Analysis
The Daily Current Market Price (DCMP) of 41,832 is positioned between vital resistance and support levels. Resistance levels above DCMP suggest potential selling opportunities, while support levels below DCMP highlight buying zones.
Key Technical Indicators:
Fibonacci Levels: Resistance and support levels align with Fibonacci retracement and extension zones, confirming their reliability.
RSI Divergence: RSI remains neutral, with no signs of overbought or oversold conditions.
MACD Crossing: MACD indicates a slight bearish bias, suggesting potential downward movement before any significant recovery.
This trade setup is built around the strong support level at 41,817, which aligns with Fibonacci retracement levels and pivot zones. MACD hints at possible bullish momentum near this level.
This trade setup focuses on the resistance level at 42,310, which aligns with Fibonacci extension levels and pivot zones. RSI suggests potential overbought conditions near this area, and MACD supports a bearish outlook.
🔍 Daily Support and Resistance Levels
Resistance Levels: 42,463, 42,655, 42,966 Support Levels: 41,817, 41,512, 41,020
Conclusion US30 is trading near pivotal levels, with 41,817 acting as a strong support zone and 42,310 as a key resistance level. These levels provide structured trade setups for both buying and selling opportunities. By incorporating technical indicators like Fibonacci retracement, RSI divergence, and MACD into your analysis, you can enhance precision in trade execution.
SPX500USDNAS100US30 Hi, In my point of view, I see and I understand the reason of that bearish wave. Which I expected as you know from its beginning by date and by price even which I see that no one here from analysts or anywhere else noticed. May you wonder how I knew! And how I expected a huge breaish waves would hit the markets on those levels!! And the answer is in one date. The date of 05.08.24. I will reveal it here for the first time. Yes in this date! All you remember the huge bearish wave which hit the USA indexes? The carry trade when Japan raised interest rate by 25 basis points and that caused huge panic? That caused insane bearish wave, then on 05.08.24 a huge bullish retrace happened leaving behind gaps and even from before.. When Warren buffet (one of my idol leaders and examples with Robert Kiosaki) sold his shares he was expecting the problem of the carry trade from before and he knew that later on whatever they would go up (due to rate cuts), the sell day would come no doubt! They he would jump in!! The US 30, the US 100 and the S&P 500 are paying the price now back!!! So imagine with me that all those bullish waves by all its candles from the 05.08.24 till the ATHs were deleted and imagine that we are now stucked in this date 02.08.24, and ask yourselves one question, where the price would go if we were on 02.08.24 as per your chart patterns and analysis! You answered!? Perfect I hope you understood my words and what I meant 😉
US30 Hi, as a colleague down on one of my posts commented asking me an important and good question really if there will be a little bit bullish backlash or not? So I will post here what I answered him for all from point of view ((kristijantrajkovic0 no bullish retrace before reaching to the exclusive TP on my idea and could go down untill 40550 or till my TP3 Price could retrace from 41560 or 41465 but later on the index will go the levels I mentioned above. Please if you have a chance vote on my Mind to understand better what is better for all you))