US30 / Upward Movement in Equities After Positive CPI Report
Equities Mostly Rise After Consumer Inflation Report
Current Outlook:
As long as the price remains above 40,060, the trend indicates a potential upward movement.
Bullish Scenario:
Trading above 40,060 will likely support a rise towards 40,320 and 40,485.
Bearish Scenario:
If the price reverses and stabilizes below the pivot line at 39,900, a bearish trend may develop, targeting 39,620.
Key Levels:
- Pivot Line: 40,060
- Resistance Levels: 40300, 40480, 40710
- Support Levels: 39900, 39620, 39450
Today's Expected Trading Range:
The price is anticipated to fluctuate between support at 39,900 and resistance at 40,320.
Tendency: Upward Movement
Current Outlook:
As long as the price remains above 40,060, the trend indicates a potential upward movement.
Bullish Scenario:
Trading above 40,060 will likely support a rise towards 40,320 and 40,485.
Bearish Scenario:
If the price reverses and stabilizes below the pivot line at 39,900, a bearish trend may develop, targeting 39,620.
Key Levels:
- Pivot Line: 40,060
- Resistance Levels: 40300, 40480, 40710
- Support Levels: 39900, 39620, 39450
Today's Expected Trading Range:
The price is anticipated to fluctuate between support at 39,900 and resistance at 40,320.
Tendency: Upward Movement
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
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