US30 / Bullish for Monday Till 41365 then Bearish !!!Futures Rise on September Rate-Cut Hopes; Nvidia Results in Focus
The price is expected to reach an all-time high (ATH) of 41,365, after which it will likely oscillate between 41,365 and 41,030 until a breakout occurs.
Sustained trading above 41,365 will support a rise towards 41,763.
Conversely, stability below 41,365 will favor a decline towards 41,030, with a move below this level signaling a bearish trend for the week.
Key Levels:
Pivot Line: 41180
Resistance Levels: 41365, 41450, 41720
Support Levels: 41030, 40810, 40480
Expected Trading Range for Today: The price is likely to fluctuate between support at 41,030 and resistance at 41,365.
Trend: Bullish towards 41,365, followed by a potential drop to 41,030 if stability under 41,365 is maintained.