Market Analysis – May 1st US30 price dipped into the demand level of 37238.0 after reversing with a double top pattern at 39900. A new double to bearish reversal pattern has appeared threatening another price crash. Market Key Levels Demand Levels: 39900.0, 39017.0, 38560.0Supply Levels: 38238.0, 35976.0, 34890.0 US30 Long-Term Trend: Bearish US30 price slumped […]
Market Analysis – April 24 The US30 market concluded April with a notable occurrence of the double-top bearish reversal chart pattern. Concurrently, the Stochastic indicator signaled shorts as it reached an overbought condition. Additionally, the crossover of the Simple Moving Average (Periods 9 and 21) above the daily candles substantiated the anticipation of a price […]
Market Analysis – April 10th US30 experiences a battle for control. It is no surprise that the index has been experiencing a rollercoaster ride in recent times. After a strong rally from the 4000.000 significant level, the bears have made their presence known, pushing the index lower. However, the buyers have not given up without […]
Market Analysis – April 3rd US30 slumps as buy strength weakens. Recent developments have shown a significant decline in buy strength, resulting in a slump in the US30 index. Over the past few weeks, the US30 index has faced significant challenges in breaching the 4000.000 significant level. This marks the second time that buyers have […]
U.S. stocks are edging higher Thursday, gradually ascending back toward record heights, while Wall Street readies for the impact of an upcoming jobs report that could potentially shake the market on Friday. In afternoon trading, the S&P 500 showed a 0.2% increase, positioned just below its all-time high. However, the Dow Jones Industrial Average experienced […]
Market Analysis- March 27th US30 trades with weak momentum. Despite this setback, they have managed to regain their footing and are once again on their feet. The bullish momentum of the US30 was temporarily suspended when the buyers hit the key level of 39,926.000. At this level, the buyers lost their guard, making it easier […]
On Wednesday, the UK’s FTSE 100 fell behind global counterparts, even as takeover announcements propelled two stocks to lead the index. The blue-chip index inched up by only 1.02 points, equivalent to a mere 0.01% increase, concluding at 7,931.98. This lackluster performance occurred despite Diploma and DS Smith witnessing a nearly one-tenth surge in their […]
Dow Jones Industrial Average and other major indexes climbed on Tuesday, aiming to rebound from Monday’s losses. Famed investor Cathie Wood bought more than $28 million worth of Tesla (TSLA). Additionally, former President Donald Trump’s social media platform Truth Social soared 50% in its debut on the stock market today. In morning trading, the Dow […]
Market Analysis – February 2nd USOil bears continue to clash lower as momentum grows. The market has been responding to bearish sentiment, and there is a possibility of further downward movement. The sell pressure has been intense for several days, indicating a growing bearish momentum. USOil Key Levels Resistance Levels: 82.520, 77.970Support Levels: 69.760, 67.870 […]
