US30 Trading Plan: January 19-24, 2025

Current Price: 43414.2

Weekly Overview

The DOW JONES (US30) is currently in a bullish phase based on the short-term analysis, despite some bearish signals from the aggregated seasonality and technical indicators. The support level is at 43100 and resistance is at 43600.

Trading Plan by Day

Date Outlook Action Target Price Stop Loss
January 19, 2025 Neutral to Bullish Buy if breaks above 43500 43700 43250
January 22, 2025 Bullish Buy on dips 43850 43400
January 23, 2025 Bearish to Neutral Watch for reversal; consider shorting if below 43300 43100 43500
January 24, 2025 Neutral Hold positions or take profits Target profits based on market sentiment N/A

Technical Analysis

As of January 17, 2025:

  • Support Level: 43100
  • Resistance Level: 43600
  • Short-term Direction: Bullish
  • Trader Sentiment: Bullish
  • Seasonality: Mixed signals with bullish day of month but bearish aggregated seasonality

Astrological Considerations

The market is influenced by upcoming astrological events, which suggest a period of volatility mid-week. Traders should be cautious and monitor for significant price movements around January 23, 2025.

Conclusion

This trading plan incorporates a mix of technical analysis, seasonality, and astrological influences. Traders should remain vigilant and adjust positions as necessary based on market movements and news updates.


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