📊 US30 23rd January 2025 Daily Analysis Based on Main Key Levels

Current Market Overview

The current Daily Current Market Price (DCMP) for US30 is 44,128. This analysis identifies key resistance and support levels, along with actionable trade setups based on technical and fundamental analysis.

Key Levels Summary

Resistance Levels Above DCMP (44,128)

🔺 Resistance 1: 44,840

🔺 Resistance 2: 44,113

🔺 Resistance 3: 43,664

Support Levels Below DCMP (44,128)

🟢 Support 1: 42,211

🟢 Support 2: 41,762

🟢 Support 3: 41,036

Swing Levels

📊 Swing High: 45,065

📊 Swing Low: 41,733

Trade Setups

💼 Intraday Buy Trade Setup

🔹 Entry Price: ✨ 44,113

🔹 Stop Loss: ❌ 43,900

🔹 Take Profit 1: 🎯 44,300

🔹 Take Profit 2: 🎯 44,500

Reason for Entry:

The support level at 44,113 is below the DCMP, establishing a strong buying zone. This level aligns with significant technical support, indicating potential for upward movement.

💼 Intraday Sell Trade Setup

🔹 Entry Price: ✨ 44,840

🔹 Stop Loss: ❌ 44,950

🔹 Take Profit 1: 🎯 44,650

🔹 Take Profit 2: 🎯 44,400

Reason for Entry:

The resistance level at 44,840 is above the DCMP, indicating a strong selling zone. This level aligns with key technical resistance, suggesting potential for downward movement.

Analysis Summary

Resistance and Support Levels: Key levels derived from technical analysis indicate potential reversal zones. Resistance levels are identified at 44,840, 44,113, and 43,664, while support levels are at 42,211, 41,762, and 41,036.

Pivot Levels: The pivot point is at 42,938, serving as a critical level for potential price reversals.

Fibonacci Levels: The identified support and resistance zones highlight significant retracement and extension levels, providing potential entry points for trades.

RSI Divergence: RSI indicates potential overbought conditions at resistance levels and oversold conditions at support levels, confirming possible reversals.

MACD Crossing: MACD suggests bullish momentum at support levels and bearish momentum at resistance levels, providing additional confirmation for trade setups.

Conclusion

This analysis provides actionable trade setups and key levels to help traders make informed decisions in the US30 market. With the current market price at 44,128, traders can utilize the outlined resistance and support levels, along with technical indicators, to execute trades confidently.