📈 US30 6th March 2025 Daily Analysis Based on Main Key Levels

Current Market Price (CMP): 42,991

Recent Swing High: 45,050 | Recent Swing Low: 44,079

🔥 Price Action Breakdown

🔻 Below CMP (Support Cluster)

Immediate Support: 42,770 (Fib 61.8% Retracement)

Lower Defense: 42,560 | 42,114

Bearish Target: 41,500 (Psychological Level)

🔺 Above CMP (Resistance Band)

First Resistance: 43,078 (Weekly Pivot Confluence)

Breakout Threshold: 43,556 (Daily High)

🚨 Trade Setup

🟢 Intraday Buy Opportunity

Entry: 🎯 42,770 (Fib 61.8% + Historical Support Cluster)

Stop Loss: 🔴 42,114 (Below Swing Low)

Take Profit 1: 🚀 42,991 (+221 Points)

Take Profit 2: 💥 43,556 (+786 Points)

Rationale:

Price aligns with Fibonacci 61.8% retracement from swing low 44,079 to high 45,050.

Bullish RSI divergence detected on 4H chart.

🔴 Intraday Sell Opportunity

Entry: 🎯 43,078 (Weekly Resistance & Fib 38.2% Extension)

Stop Loss: 🛑 43,556 (Above Daily High)

Take Profit 1: 🚀 42,991 (-87 Points)

Take Profit 2: 💥 42,560 (-518 Points)

Rationale:

Rejection at 43,078 coincides with 1.272 Fib extension level.

MACD histogram shows bearish momentum above 43,000.

📉 Technical Landscape

Fibonacci Framework:

Critical 61.8% support at 42,770 vs 38.2% resistance at 43,078

Break above 43,556 invalidates bearish structure

RSI: Neutral at 48 with hidden bullish divergence on lower timeframes.

MACD: Bearish crossover observed near 43,100 resistance zone.

🎯 Strategic Insight

US30 battles key polarity at 42,991. A sustained close above 43,078 opens path to 43,556, while failure at 42,770 risks slide toward 42,114. Prioritize trades at Fib confluence zones with 1:3 risk-reward ratios.

⚡ Catalyst Watch: Monitor Fed Chair Powell’s speech today – hawkish rhetoric may trigger volatility spikes!