Technical Analysis Summary:
Daily Chart:
• Trend: Strong bearish breakdown; significant drop below support.
• MACD: Deeply negative, suggesting strong bearish momentum.
• RSI: Oversold at 18.48, indicating exhaustion but not yet reversal.
15-Minute Chart:
• Trend: Clear downtrend continuation.
• MACD: Bearish crossover sustained.
• RSI: Approaching oversold (29.81), but still trending down.
3-Minute Chart:
• Trend: Momentum is slowing down but still bearish.
• MACD: Negative, bearish crossover.
• RSI: Around 33, indicating potential short-term bounce, but no bullish divergence.
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Fundamental Insight:
• The broader US30 index has reacted to strong macroeconomic headwinds (possibly higher-for-longer interest rates, weak earnings, or geopolitical tensions).
• No signs of dovish reversal or major catalyst for a sharp recovery.
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Trade Idea: SHORT POSITION
Entry: 37070 (current price zone—ideal entry on slight retracement)
Stop Loss (SL): 37320 (above minor resistance and recent local high)
Take Profit (TP): 36350 (strong daily support area and psychological level)
Risk-Reward Ratio (RRR):
• Risk: ~270 points
• Reward: ~700 points
US30
Daily Chart:
• Trend: Strong bearish breakdown; significant drop below support.
• MACD: Deeply negative, suggesting strong bearish momentum.
• RSI: Oversold at 18.48, indicating exhaustion but not yet reversal.
15-Minute Chart:
• Trend: Clear downtrend continuation.
• MACD: Bearish crossover sustained.
• RSI: Approaching oversold (29.81), but still trending down.
3-Minute Chart:
• Trend: Momentum is slowing down but still bearish.
• MACD: Negative, bearish crossover.
• RSI: Around 33, indicating potential short-term bounce, but no bullish divergence.
⸻
Fundamental Insight:
• The broader US30 index has reacted to strong macroeconomic headwinds (possibly higher-for-longer interest rates, weak earnings, or geopolitical tensions).
• No signs of dovish reversal or major catalyst for a sharp recovery.
⸻
Trade Idea: SHORT POSITION
Entry: 37070 (current price zone—ideal entry on slight retracement)
Stop Loss (SL): 37320 (above minor resistance and recent local high)
Take Profit (TP): 36350 (strong daily support area and psychological level)
Risk-Reward Ratio (RRR):
• Risk: ~270 points
• Reward: ~700 points
US30 Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.