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US30 Daily Analysis Based on Main Key Levels - April 17, 2025

  • Neom
  • Apr 17
  • 1 min read

📌 Current Market Price: 39,972


Key Price Structure


Resistance (Above Price):


🔥 40,263 - Immediate resistance

🔥 40,896 - Optimal sell zone

🔥 40,959 - Strong resistance


Support (Below Price):


🛡️ 39,833 - Intraday equilibrium

🛡️ 39,403 - Primary support

🛡️ 39,204 - Critical demand zone


Swing Levels:


↗️ Swing High: 44,045

↘️ Swing Low: 41,400


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Trade Setup 1: Intraday Buy


🎯 Entry: 39,204 (Key support level)

⚠️ Stop Loss: Below 38,900 (Psychological level)

💰 Take Profit 1: 39,833

💰 Take Profit 2: 40,263


Technical Confluence:


Bullish RSI divergence forming on 4H chart

61.8% Fibonacci retracement support


Trade Setup 2: Intraday Sell


🎯 Entry: 40,896 (Key resistance level)

⚠️ Stop Loss: Above 41,200

💰 Take Profit 1: 40,263

💰 Take Profit 2: 39,833


Technical Confluence:


Bearish MACD crossover on daily timeframe

Price rejection at 78.6% Fibonacci extension


Technical Snapshot


Fibonacci Levels: 39,403 (38.2%), 39,204 (61.8%)

Momentum: RSI at 52 (neutral territory)

Price Action: Consolidating between 39,833-40,263


Risk Management Notes


🔹 Position sizing ≤ 1% of capital per trade

🔹 Avoid trading during NYSE opening/closing auctions

🔹 Monitor VIX correlation for risk sentiment

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