Market Analysis – December 5 The US 30 index has seen a notable reduction in its average daily range since completing its bullish expansion from 43,450.0. Recent price movements have been characterized by sideways trading and smaller daily candles, signaling an accumulation phase. Historically, such phases often precede sharp market expansions. US 30 Key Levels […]
Market Analysis – Nov 26 US 30 retraced after reaching a swing high at 44,469.0, pulling back to equilibrium at 50% of the previous bullish displacement range before resuming its uptrend. This movement has led to a new bullish Break of Structure (BOS) and an all-time high. US 30 Key Levels Demand Levels: 42,000.0, 40,915.0, […]
Market Analysis – November 20 The US 30 has sustained its bullish momentum within a clearly defined parallel channel since the second quarter. The channel’s boundaries have proven highly reactive, with price action consistently respecting both resistance and support levels. Recently, the price breached the resistance boundary, only to reverse and fall back into the […]
Market Analysis – November 12 The US 30 index has maintained a bullish trajectory within a parallel channel, displaying heightened sensitivity around the channel’s lower boundary. A recent test of this support level sparked a strong rally, propelling the index to a new all-time high. US 30 Key Levels Demand Levels: 42,357.00, 40,915.00, 39,525.00Supply Levels: […]
Market Analysis – October 30 The US 30 market is currently experiencing a retracement phase, where the recent price ascent has paused for a pullback. The market has dipped into the 78.6% Fibonacci retracement level, putting the price in an optimal zone for a potential bullish resumption. US 30 Key Levels Demand Levels: 42320.0, 42201.0, […]
Market Analysis – October 23 The US 30 index has displayed signs of weakening bullish momentum, with its price steadily declining over recent days. The index retraced from a swing high of 43,313.0 to the key support level of 42,562. This support level aligns with a bullish trendline, creating a significant confluence that could lead […]
US30 Pushes Above Resistance Level The US 30 index has broken above the upward-sloping resistance trendline on the daily chart. After this breakout, a retest of the trendline confirmed it as a support level, potentially propelling the index toward new highs. US30 Key Levels Demand Levels: 42630.0, 40944.0, 39626.0 Supply Levels: 43142.9, 44000.0, 45000.0 US30 […]
Market Analysis – October 9 The US 30 market shows signs of a potential pullback within a rising wedge formation. The daily chart displays higher highs and lower highs with narrowing ranges, indicating the classic rising wedge pattern. This pattern suggests the possibility of a retracement as the price moves away from the resistance trendline. […]
Market Analysis – October 3 The US 30 index is displaying clear indications of a potential retracement after its recent bullish rise from 39,999.0, driven by a pullback to a fair value gap on the daily chart. Buyers now appear to be losing strength, suggesting a possible shift in the market trend. US 30 Key […]
