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

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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