📊 US30 30th December 2024 Daily Analysis Based on Main Key Levels

In this blog post, we will provide a comprehensive analysis of the US30 index as of December 30, 2024. This analysis is crucial for traders looking to make informed decisions based on current market conditions.

📍 Daily Current Market Price (DCMP)

The current market price for US30 is 42,897. This serves as a crucial reference point for identifying trading opportunities.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 43,224

Resistance 2: 43,425

Resistance 3: 43,749

✅ Support (Below DCMP)

Support 1: 42,576

Support 2: 42,375

Support 3: 42,051

📉 Swing Levels

Swing High: 45,065

Swing Low: 42,045

Summary of Analysis

As of the current market price of 42,897 on December 30, 2024, key resistance levels above this price include 43,224, 43,425, and 43,749. The support levels below this price are 42,576, 42,375, and 42,051. The swing high is at 45,065, and the swing low is at 42,045.

Suggested Trades

💼 Intraday Buy Trade

Entry Price: ✨ 42,576

Stop Loss: ❌ 42,375

Take Profit 1: 🎯 42,897

Take Profit 2: 🎯 43,224

📌 Reason for Entry

The price is approaching a key support level at 42,576, indicating a favorable buying opportunity based on technical analysis.

💼 Intraday Sell Trade

Entry Price: ✨ 42,966

Stop Loss: ❌ 43,224

Take Profit 1: 🎯 42,897

Take Profit 2: 🎯 43,425

📌 Reason for Entry

Resistance at 42,966 suggests a potential selling opportunity, with targets set below this level.

Conclusion

This analysis provides a crisp overview of key levels and trade opportunities for US30 as of December 30, 2024. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading!