Stocks are making a recovery after experiencing their worst week in nearly a year and a half. The S&P 500 climbed 0.8% in early Monday trading, recovering from a four-day losing streak. The Dow Jones Industrial Average gained 264 points, while the Nasdaq composite advanced by 1%. Boeing shares surged 3.9% after successfully negotiating a […]
Wall Street experienced a significant decline on Tuesday, marking its worst day since the early August sell-off. The downturn was fueled by a weak start to the week, which included disappointing economic updates. The S&P 500 fell by 2.1%, erasing a portion of the gains from a three-week rally that had brought it close to […]
Market Analysis – June 7 US30 continues upward as the price bounces at the demand zone of $38019.0. Notably, on the daily chart, US30 has always been reacting towards the $38019.0 price level. The occurrence of the BOS (Break of Structure) at $40022.0 indicates that the market’s overall trend is bullish. However, the bullish move […]
Wall Street soared to historic highs amid widespread anticipation of Federal Reserve rate cuts. The momentum began on May 15, as Wall Street reacted to signs of a slowdown in US consumer prices for April, fueling hopes for prompt Fed intervention. This surge propelled all three major indices on Wall Street to unprecedented peaks.The Dow […]
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 […]
