Trading Plan for US2000/USD (Russell 2000)

Current Price: 2283.948

Date: January 17, 2025

Overview

The analysis incorporates seasonality, cycles, astrology, technical indicators, and market sentiment. The upcoming week from January 19 to January 24, 2025, shows a mixed bias, but with a general bullish sentiment on specific days.

Trading Plan by Day

Monday, January 19, 2025

  • Expected Trend: Bullish
  • Support: 2270.00
  • Resistance: 2300.00
  • Strategy: Buy on dips near support, targeting resistance.
  • Seasonality: Historical data suggests bullish performance.

Tuesday, January 20, 2025

  • Expected Trend: Bearish
  • Support: 2260.00
  • Resistance: 2285.00
  • Strategy: Consider short positions if resistance holds.
  • Astrology Insight: Challenging planetary alignments may impact market sentiment negatively.

Wednesday, January 21, 2025

  • Expected Trend: Neutral
  • Support: 2255.00
  • Resistance: 2280.00
  • Strategy: Wait for clearer signals; consider a range-bound strategy.
  • Market Sentiment: Mixed indicators; cautious trading advised.

Thursday, January 22, 2025

  • Expected Trend: Bullish
  • Support: 2275.00
  • Resistance: 2310.00
  • Strategy: Aggressive buying if price holds above support.
  • Seasonality: Historically bullish during this time frame.

Friday, January 23, 2025

  • Expected Trend: Bearish
  • Support: 2265.00
  • Resistance: 2290.00
  • Strategy: Look for selling opportunities if resistance is tested.
  • Market Sentiment: Anticipation of weekend volatility may drive selling.

Saturday, January 24, 2025

  • Expected Trend: Neutral to Bearish
  • Support: 2250.00
  • Resistance: 2275.00
  • Strategy: Avoid new positions; review market conditions.

Conclusion

Monitor economic news and sentiment shifts closely. Adjust positions according to market reactions, especially around support and resistance levels.


Powered by Hedgtrade | www.hedgtrade.com