US30, Futures Flat Ahead of Fed Minutes; Alphabet Slips

9 paź

Futures flat with Fed minutes, inflation data in focus; Alphabet dips

Technical Outlook:
the direction is uptrend for today as long as trades above 42080 to get 42210 and 42300 and then should close 4h candle above 42300 to touch 42450

for the bearish scenario till 41960 and 41770 should break 42080 by closing 1h or 4h candle under 42080

Key Levels:
Pivot Point: 42080
Resistance Levels: 42210, 42300, 42450
Support Levels: 41960, 41770, 41570

Trend Outlook:
Bearish By breaking 42080 and 41960
Bullish by stability above 42090

10 paź

Transakcja zamknięta: osiągnięto wyznaczony cel

US30
Live-Update

The price pushed up as we mentioned,
Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points.

A CPI release exceeding 2.3% is expected to support a bearish trend towards 42080. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting 42820.

Key Levels:
Pivot Point: 42450
Resistance Levels: 42600, 42820
Support Levels: 42300, 42080

Trend Outlook:
Bearish under 42450
Bullish above 42450