US30 - It looks a retest while below 41030

١٢ سبتمبر

Futures Edge Higher Ahead of Jobless Claims Data

The price rebounded after touching its support zone around 40,000, then gaining approximately 900 points.
Currently, it is likely to test 41,030 before potentially reversing toward 40,670, as the market is consolidating between these levels. However, sustained trading above 41,030 would favor a bullish continuation, targeting 41,180 and 41,340.

also today we have PPI and Jobless data that will impact the market

Key Levels:

Pivot Point: 40,960
Resistance Levels: 41,180, 41,340, 41,550
Support Levels: 40,680, 40,470, 40,320
Expected Trading Range: 40,660 - 41,030

A breakout above 41,030 would confirm bullish momentum, while failure to hold above this level could trigger further declines.