📈 US30 Daily Analysis Based on Main Key Levels - [April 23, 2025]

Daily Current Market Price (DCMP): 38,309

Market Position: Trading above structural support at 38,255 and below immediate resistance at 38,498

🔑 Critical Technical Levels

Resistance (Above DCMP)

🛑 38,498 - Intraday sell trigger (1.272 Fib extension)

🛑 39,307 - Liquidity zone (4H timeframe)

🛑 40,354 - Macro resistance

Support (Below DCMP)

🟢 38,255 - High-conviction buy zone (61.8% Fib retracement)

🟢 38,099 - Volume-weighted support

🟢 37,638 - Trend-defending level

Swing Levels

↗️ Swing High: 42,819 (Daily timeframe)

↙️ Swing Low: 37,801 (4H timeframe)

💎 Intraday Trade Setups

Buy Opportunity

• Entry: 38,255 🎯

• Stop Loss: 37,638 🚫

• Take Profit 1: 38,936 ✅

• Take Profit 2: 39,645 ✅

Rationale:

• Confluence of 61.8% Fib retracement & historical support

• Bullish RSI divergence developing on 4H chart

• MACD histogram nearing bullish crossover

Sell Opportunity

• Entry: 38,498 🎯

• Stop Loss: 39,307 🚫

• Take Profit 1: 38,099 ✅

• Take Profit 2: 37,801 ✅

Rationale:

• Resistance aligns with 1.272 Fib extension

• Bearish order block on daily timeframe

• Declining volume above 38,500

📊 Technical Landscape

• Fibonacci: 38,255 marks 61.8% retracement of 37,801-42,819 swing

• RSI: Neutral at 52.1 with hidden bullish divergence

• MACD: Signal line compression suggests breakout potential

• Volume Profile: Thin trading at 38,300-38,500 range

🌐 Fundamental Catalyst

• Fed Chair Powell's speech (23 April)

• US Q1 GDP preliminary estimate release

• Geopolitical tensions impacting risk sentiment