US30 -Futures dip ahead of earnings-packed week

21 окт. 2024 г.

Futures dip ahead of earnings-packed week

US30 Technical Analysis

The price has recently reached a new high, and to confirm a continuation of the bullish trend, it must stabilize above 43,350, potentially targeting 43,630.

However, if the price closes a 4-hour candle below 43,215, this would suggest a bearish reversal, with the next target being 42,920.

Key Levels:
Pivot Point: 43215
Resistance Levels: 43450, 43650, 43870
Support Levels: 43025, 42820, 42450

Trend Outlook:
- Consolidation 43350 - 43215
- Bearish By stability below 43215
- Bullish by stability above 43350

22 окт. 2024 г.

Сделка закрыта: достигнута тейк-профит цена

US30 / UPDATE

The price has declined by approximately 500 points, reaching the support zone as anticipated in yesterday's analysis.

To confirm a bearish trend, the price must break below 42,770 with a 1-hour or 4-hour candle close, which could lead to further downside towards 42,450. Alternatively, if the price stabilizes above 42,910, it would signal a bullish trend, with potential upward movement toward 43,215.

Key Levels:
Pivot Point: 42910 - 42770
Resistance Levels: 43050, 43215, 43350
Support Levels: 42590, 42450, 42300

Trend Outlook:
- Consolidation 42910 - 42770
- Bearish By stability below 42770
- Bullish by stability above 42910