US30 / Upward Movement in Equities After Positive CPI Report

Equities Mostly Rise After Consumer Inflation Report

Current Outlook:
As long as the price remains above 40,060, the trend indicates a potential upward movement.

Bullish Scenario:
Trading above 40,060 will likely support a rise towards 40,320 and 40,485.

Bearish Scenario:
If the price reverses and stabilizes below the pivot line at 39,900, a bearish trend may develop, targeting 39,620.

Key Levels:
- Pivot Line: 40,060
- Resistance Levels: 40300, 40480, 40710
- Support Levels: 39900, 39620, 39450

Today's Expected Trading Range:
The price is anticipated to fluctuate between support at 39,900 and resistance at 40,320.

Tendency: Upward Movement