📈 US30 17th March 2025 Daily Analysis: Key Levels & Trade Setups

Daily Current Market Price (DCMP): 41,288

📊 Key Levels

Above DCMP (Resistance):

🔴 Resistance 3: 43,566

🎯 Resistance 2: 42,803

🚨 Resistance 1: 42,331

Below DCMP (Support):

🟢 Support 1: 40,805

🎯 Support 2: 40,333

🚨 Support 3: 39,570

Swing Levels (Daily/4H):

🚩 Swing High: 44,045

🚩 Swing Low: 40,653

📉 Technical Analysis Breakdown

Pivot-Based Strategy:

Sell Zone: Above DCMP aligns with resistance hierarchy (42,331–43,566).

Buy Zone: Below DCMP highlights support cluster (40,805–39,570).

Fibonacci Retracement:

Critical Fib zones between 40,653 (Swing Low) and 44,045 (Swing High) suggest reversal potential near 40,805 (61.8% retracement) and 42,331 (38.2% retracement).

Momentum Indicators:

RSI: Neutral but shows bearish divergence on pullbacks.

MACD: Flattening histogram hints at bullish crossover below DCMP.

💡 Trade Setups

Trade Idea 1: Intraday Buy

📍 Entry: 40,805 (Strong Support & Fib Confluence)

🛑 Stop Loss: 39,570 (Below Support 3)

🎯 Take Profit 1: 41,568 (Pivot Level)

🚀 Take Profit 2: 42,331 (Resistance 1)

Rationale: Price rebound likely at Support 1 (40,805) with MACD bullish crossover confirmation.

Trade Idea 2: Intraday Sell

📍 Entry: 41,568 (Pivot Resistance)

🛑 Stop Loss: 43,566 (Above Resistance 3)

🎯 Take Profit 1: 40,805 (Support 1)

🚀 Take Profit 2: 39,570 (Support 3)

Rationale: Resistance confluence at 41,568–42,803 paired with bearish RSI divergence.

🔑 Conclusion

US30 trades within a 40,805–42,331 range, with pivots acting as critical reversal zones. Focus on Fib retracement levels and momentum shifts for intraday trades. Tight risk management advised due to mixed higher-timeframe signals.

Pro Tip: Monitor 4H closes above 42,331 or below 40,805 for trend confirmation.