top of page

🔍US30 Daily Analysis based on Main Key Levels - April 2, 2025

  • Neom
  • 5 days ago
  • 1 min read

Market Snapshot 📉📈


Daily Current Market Price (DCMP): 41,914


Above DCMP: Resistance Zone 🛑

Below DCMP: Support Zone 🛡️


Swing Levels:


🔺 Swing High: 44,045

🔻 Swing Low: 41,400


Key Technical Levels 🔑


Resistance Levels (Sell Zones) 📉


🎯 42,415 (Strong Confluence Resistance)

🎯 42,750 (Critical Selling Zone)

🎯 43,292 (Extended Resistance)


Support Levels (Buy Zones) 📈


🛡️ 41,874 (Immediate Support)

🛡️ 41,332 (Major Demand Zone)

🛡️ 40,997 (Critical Support Floor)


Technical Landscape 🔍


Momentum Indicators:


📉 RSI: 53 (Neutral, slight bearish divergence forming)

📊 MACD: Bullish crossover fading, momentum weakening near resistance.


Fibonacci Framework:


Fib 38.2% Retracement at 41,874 aligns with swing low retest.

Fib 61.8% Extension at 42,415 matches weekly resistance.


Price Action Patterns:


🟢 Bullish hammer forming at 41,874 support.

🔴 Bearish engulfing candle near 42,415 resistance.



Intraday Trade Setups 💼


🟢 Intraday Buy Trade Setup


Entry: 41,874 🎯 (Key Fib + Support Confluence)

Stop Loss: 41,621 🔴 (Below Immediate Support)

Take Profit 1: 42,109 📈 (Minor Resistance)

Take Profit 2: 42,415 📈 (Strong Resistance)


🔴 Intraday Sell Trade Setup


Entry: 42,415 🎯 (Fib Extension + Resistance Cluster)

Stop Loss: 42,750 🔴 (Above Critical Resistance)

Take Profit 1: 41,874 📉 (Key Support)

Take Profit 2: 41,332 📉 (Major Demand Zone)


Risk Management Essentials ⚠️


Use 1:2 risk-reward ratio for all trades.

Position sizing ≤1.5% of capital.

Monitor Fed policy updates (14:00 GMT) for volatility triggers.

Levels verified via TradingView. Valid until April 3 NY Close.


Expert Tip: A decisive break below 41,874 🛡️ could trigger a 400+ point drop toward 41,332. Watch price action at this critical juncture! 🚨

Comments


bottom of page