Dow Jones Targets New Highs Amid Fed Rate

2024年9月17日

Dow Jones Closes at a Record High Above 41,700 Ahead of Major Fed Event

Technical Analysis:
The price has stabilized within a bullish zone and, depending on that will continue the trend while above 41565

Sustained stability above 41,565 could drive the index higher towards 41,980. Conversely, a break below this level could signal a corrective move down to 41,340. Additionally, a short-term correction to 41,620 is possible from the current price.

• Key Levels:
  Pivot Point: 41,620
  Resistance Levels: 41820, 41980, 42100
  Support Levels: 41565, 41340, 41030
  
  
• Trend Outlook:
  Uptrend: Above 41,565
  Downtrend: Below 41,340

2024年9月18日

交易進行

US30
Update

Futures Hold Steady as Investors Await Fed Rate Cut

U.S. stock index futures remained subdued on Wednesday as investors cautiously awaited the Federal Reserve's interest rate cut—the first in over four years. Most traders are now anticipating a half-percentage-point reduction.

Technical Analysis:
As we mentioned, the price retested the previous support line, which is 41565, and pushed up again.
So US30 has stabilized within a bullish zone and, will continue the trend till 42000 while above 41565

Sustained stability above 41,565 could drive the index higher. Conversely, a break below this level could signal a corrective move to 41,340.

Key Levels:
Pivot Point: 41,620
Resistance Levels: 41980, 42100, 42320
Support Levels: 41565, 41340, 41030

Trend Outlook:
Uptrend while Above 41,565

2024年9月19日

交易結束：目標達成

US30
New Update

Fed Rate Cut Boosts Futures as Growth Stocks Lead Gains

U.S. stock index futures remained subdued on Wednesday as investors cautiously awaited the Federal Reserve's interest rate cut—the first in over four years. Most traders now expect a half-percentage-point reduction.

Technical Analysis: As previously noted, the price touched 42,030 as expected. Today is likely to be a critical session, as a strong correction could potentially drive the price down to 41,770 or 41,565. However, a break above 42,030 would support a gradual bullish move towards 42,700.

Key Levels:
Pivot Point: 42030
Resistance Levels: 42300, 42450, 42700
Support Levels: 41770, 41565, 41340

Trend Outlook:
Consolidation: 42,030 - 41,770
Bullish: Above 42,040
Bearish: Below 42,030