Goldwright Trading Insitute corp.

  Technical Analysis 1. Current Price Action Recent Decline : The US30USD (Dow Jones) has broken below a key support zone near 43,600 - 43,700 USD . Short-term Downtrend : A clear series of lower highs and lower lows is forming after the peak at 45,097.8 USD (highlighted as the recent high). The price is testing a support level around the 43,400 - 43,300 USD region, just above the 50-day Moving Average (blue line) . 2. Key Support and Resistance Levels Resistance : 43,600 - 43,700 USD: Recent broken support, now acting as resistance. 44,500 USD: Secondary resistance zone formed by previous highs. Support : Immediate: 43,300 USD (current price support). Major: 42,500 USD: Confluence with the 100-day Moving Average (purple line). Deeper: 41,000 - 41,100 USD : A significant demand zone where buyers have historically stepped in. 3. Moving Averages 50-Day MA (blue line) : Currently being tested. A close below it could accelerate the sell-off. 100-Day MA (...

  Technical analysis recap Current Price Action : The NAS100 is in a long-term uptrend , making consistent higher highs and higher lows. Current resistance is at 22,200 USD, and price shows signs of slowing momentum, suggesting a possible retracement . Key Levels : Resistance : Immediate at 22,200 , then 23,000 USD. Support : Minor: 21,800 USD Major: 21,000 - 21,100 (Demand zone and strong technical area). Deeper: 20,500 USD (Confluence with moving averages). Momentum : The green histogram bars show bullish momentum, but the reduction in size hints at slowing upward pressure. A pullback to 21,000 - 21,500 USD is likely before any further upward moves. Moving Averages : The 50-day and 100-day moving averages provide dynamic support, reinforcing the buy-the-dip strategy. Fundamental Analysis The NAS100 is heavily influenced by macroeconomic factors, particularly U.S. economic policies, technology sector performance, and interest rates. Ke...

CHARTS OF THE DAY 17/12/2024 Collaborateur: William Desgagnés DXY https://www.tradingview.com/x/5lfZGuNm/ XAUUSD https://www.tradingview.com/x/AZ3Blo9h/ US30 https://www.tradingview.com/x/AGExvBa1/ US100 https://www.tradingview.com/x/20k77vY8/ US500 https://www.tradingview.com/x/1aFimc6C/ BTC.D https://www.tradingview.com/x/RsywCTSN/