Market Analysis – May 22 The US 30 experienced a price decline that was halted after mitigating the bullish order block at 37,238.0. The price then resumed its ascent, reaching the current year’s high. While the US 30 market remains bullish, a pullback appears imminent due to overbought conditions. US 30 Key Levels Demand Levels: […]
Market Analysis – May 16 US 30 marked experienced a short-lived downward trend in March. The market has resumed its ascent towards the previous high of 39986.0. The possibility of a pullback to 39017.0 is high as the Stochastic signals an overbought market. US 30 Key Levels Demand Levels: 39017.0, 38560.0, 37238.0 Supply Levels: 39986.0, […]
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 16th US30 bearish lump slows down. The US30 index has experienced a bearish lump that has slowed down its momentum. The sellers have been met with strong resistance from the buyers, preventing the market from breaching the significant level of 37590.000. This level has acted as a stronghold for the buyers, […]
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 […]
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 […]
Market Analysis- March 25th US30 price clusters are in a tight range. In recent weeks, we have witnessed an ongoing consolidation with buyers and sellers locked in a tight range. The bulls have shown resilience in their attempts to breach the significant level of 39319.000 but have been unable to do so. This lack of […]
