US Wall St 30Short
US30: Bearish Momentum with CPI-Driven Volatility
Updated
Technical Analysis
The price dropped about more than 500 points as we mentioned previously, and is still under bearish momentum because already broken the bearish correction which is 44410.
So as long as trade is below 44270 and 44410 it will drop to touch 43900, on the other hand, we have a CPI effect Today that will be expected with more than the previous result, in this case, will support the bearish movement for indices, especially realizing more than 2.7%.
due to the high volatility, we have a bullish correction till 44300 or 44410.
Key Levels:
Pivot Point: 44270
Resistance Levels: 44410, 44590, 44750
Support Levels: 43900, 43760, 43490
Trend Outlook:
Bearish Momentum
previous idea:
The price dropped about more than 500 points as we mentioned previously, and is still under bearish momentum because already broken the bearish correction which is 44410.
So as long as trade is below 44270 and 44410 it will drop to touch 43900, on the other hand, we have a CPI effect Today that will be expected with more than the previous result, in this case, will support the bearish movement for indices, especially realizing more than 2.7%.
due to the high volatility, we have a bullish correction till 44300 or 44410.
Key Levels:
Pivot Point: 44270
Resistance Levels: 44410, 44590, 44750
Support Levels: 43900, 43760, 43490
Trend Outlook:
Bearish Momentum
previous idea:
Trade active
The price has reached the identified level of 43,900 and is expected to continue testing this level until a breakout occurs. A confirmed break below this level would signal a continuation of the downward trend, targeting the 43,760 level as the next support, and ultimately reaching 43,350.
Trade closed: target reached
US30
The price reached our target perfectly is about 1000 points dropped
look to the next idea.
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.