US30 / Reached ATH, then downside or yet...

27 de ago. de 2024

Futures Inch Up with Focus on Interest Rates and Nvidia Results

The price reached its all-time high as we anticipated yesterday before pulling back. The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs.

• Stability above 41365 will support a rise towards 41760.
  
• Stability below 41365 will favor a decline towards 41030, with a move below this level indicating a bearish trend for the week.
  
  Key Levels:
  Pivot Line: 41180
  Resistance Levels: 41365, 41450, 41720
  Support Levels: 41030, 40810, 40480
  
  Expected Trading Range Today: The price will likely fluctuate between support at 40800 and resistance at 41430.
  
  Trend: Bearish as long as the price remains below 41345.
  
  previous idea:
  
  

28 de ago. de 2024

Trade ativo

the trade is still the same scenario...

28 de ago. de 2024

Trade fechado: objetivo atingido

US30
Update

Moving Well +390 pip ✅

- The price dropped as anticipated in our analysis.

- For the next Bearish confirmation:
The price will touch 40,800.
Then A break below 40,800 could lead to further declines toward 40,710. If these levels are breached, it would activate the next bearish zone, targeting 40,470 and 40,320.

- However, due to NVIDIA's positive earnings, a corrective move up to 41,030 or 41180 is possible before the bearish trend continues.

Timeframe 4H, 1H
Current price 40920