US30 : Focus on Key Earnings, Policy Updates, and Inflation Data

U.S. Equity Investors Focus on Earnings, Policy Announcements, and Inflation Data

This week, U.S. equity investors are closely monitoring earnings reports from the "Magnificent 7" group of stocks, alongside trade policy updates, the Federal Reserve's January monetary policy announcement, and the central bank's preferred inflation data.

US30 Technical Analysis
The price has declined, reaching a support zone before reversing. It is now expected to fluctuate between 43,760 and 44,250 until a breakout occurs.

Currently, the price appears poised to test 44,250. However, as long as it trades below 44,400, further declines toward 43,760 are anticipated. A break below this level would confirm a bearish trend, with the next target at 43,350.

Key Levels:
Pivot Point: 44080
Resistance Levels: 44230, 44400, 44560
Support Levels: 43770, 43560, 43350