📊US30 28th December 2024 Weekly Analysis Based on Main Key Levels

In this blog post, we provide a comprehensive analysis of the US30 market as of December 28, 2024. This analysis focuses on key price levels and potential trading strategies to help traders navigate the current market environment.

📍 Daily Current Market Price (DCMP)

The current market price for US30 is 42,945. This serves as a crucial reference point for identifying trading opportunities.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 43,680

Resistance 2: 44,133

Resistance 3: 44,867

✅ Support (Below DCMP)

Support 1: 42,212

Support 2: 41,759

Support 3: 41,025

📉 Swing Levels

Swing High: 45,065

Swing Low: 42,861

Summary of Analysis

As of now, the US30 market is positioned at 42,945. The key resistance levels above this price include 43,680, 44,133, and 44,867. The support level below this price is 42,212. The swing high is at 45,065, and the swing low is at 42,861.

Suggested Trades

💼 Intraday Buy Trade

Entry Price: ✨ 42,212

Stop Loss: ❌ 42,000

Take Profit 1: 🎯 42,500

Take Profit 2: 🎯 42,800

📌 Reason for Entry

The price is approaching a key support level at 42,212, indicating a favorable buying opportunity based on technical analysis.

💼 Intraday Sell Trade

Entry Price: ✨ 43,680

Stop Loss: ❌ 43,900

Take Profit 1: 🎯 43,300

Take Profit 2: 🎯 43,000

📌 Reason for Entry

Resistance at 43,680 suggests a potential selling opportunity as it aligns with the technical analysis, providing clear targets below this level.

Conclusion

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