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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