TAG: US30

US30 | Daily Update | Hotter-than-Expected CPI Data | Indices

Hi, traders; thanks for tuning in for today’s update. Today, we are looking at the US30 on the daily chart. What a solid run we have seen till yesterday’s CPI data. After the US CPI came in hotter than expected, this shocked the market and led to heavy...

7 months ago

Week Ahead: Time for stock index "slowpokes" to catch up?

REMINDER: 11 of FXTM’s 18 stock indices have reached their respective record highs so far in 2024. However, upon closer inspection, not all stock indices are created equal.   First, there are the outperformers: US500: up 9% year-to-date   EU50: +10....

6 months ago

What Caused The Crash In The Dow?

Dow Sinks on MondayUS stock markets suffered record losses yesterday with the Dow Jones crashing by 1000 points as investor panic over US economic fears reached fever pitch. Weakness in Friday’s US jobs data has added to the growing view that the US econo...

2 months ago

Week Ahead: US30 index still sensitive to US recession fears

Markets still obsessed with deciphering US recession risks   Home Depot, Walmart earnings offer pulse on US economy   Latest US inflation data also holds clues about Fed’s next moves   Economically-sensitive US30 stock index ready to punch above 50-...

2 months ago

US30 index hits record intraday high!

US30 posted highest-ever intraday price on Monday, August 26th   US stock markets cheer incoming Fed rate cuts   US30/Dow index could climb another 7% by August 2025   Technicals: US30 yet to reach "overbought" conditions   This week’s key events:...

1 month ago

US30 | Bearish Reversal

TitleUS30 | Bearish ReversalTypeBearish ReversalPreference:Wait for price to pullback at the pivot of 41240.72, a pullback resistance close to 61.8% Fibo retracement. A drop from this level could lead the price to fall to 1st support at 40,478.50, an over...

1 month ago

US500 and other stock indexes hit record highs!

Today, US500 and US30 stock indexes hit respective all-time intraday highs   Better-than-expected US retail sales boost “economically sensitive” stocks   AU200 index broke above 8180 for its first time ever   Higher-for-longer RBA rates boost Austra...

4 weeks ago