US30 Bearish Correction with Key Resistance at 43890

8 พ.ย.

Technical Analysis

The price has risen approximately 210 pips, as mentioned yesterday.
Today, as long as trades remain below 5989, a drop toward 5931 is expected, followed by consolidation between 5931 and 5989 until a breakout.

Alternatively, if a 4-hour candle closes above 5989, it would signal bullish momentum with a potential move towards 6021.

Key Levels:
Pivot Point: 5989
Resistance Levels: 6002, 6021
Support Levels: 5950, 5931, 5891

Trend Outlook: Bearish Correction

previous idea:

8 พ.ย.

บันทึกช่วยจำ

We are really sorry the description is SPx description so there is the US30 analysis

US30 Technical Analysis

The price has reached the target we mentioned previously and moved up by approximately 500 pips.

Today, the price is expected to trade within a bearish range from 43890 to 43350. As long as it remains below 43890, the trend will likely stay bearish. However, if a 4-hour candle closes above 43900 or above the trend line mentioned, a bullish move toward 44060 may follow.

Key Levels:
Pivot Point: 43840
Resistance Levels: 43940, 44060
Support Levels: 43550, 43350, 43230

Trend Outlook: Bearish Correction towards 43350