Hey guys!
We present an analysis based on the market close on 04/30/2024. Our approach combines Technical Analysis with the powerful tools of Elliott and Fibonacci Waves, offering valuable insights into Futures and indices.
with closing reference on 04/30/2024 the maximum 5,222, minimum 5,129 and adjustment 5,202.
This Thursday (05/02/2024), if the future dollar breaks and remains above 5,229, we will have resistance points in the price regions 5,256, 5,280 and 5,309.
The dollar today, having lost 5,202, if it breaks below it, it may seek support points in the price regions of 5,175, 5,150 and 5,120.
with closing reference on 04/30/2024, making a maximum of 128,620, minimum of 127,115 and adjustment of 127,350.
This Thursday (05/02/2024), breaking and working above the 127,715 price region, it may encounter resistance in the 128,388, 129,054 and 129,651 price regions.
The Index, losing 127,038, may seek price support regions 126,462, 125,871 and 125,301.
Disclaimer: The expert declares that the studies carried out in this article reflect, solely and exclusively, his personal opinions. Ricardo Ito, using the trading platform only to illustrate his teachings, not configuring a recommendation to buy or sell any asset. It is important to highlight that operating in the financial market involves risks and there is nothing that can guarantee profitability. Furthermore, the information contained in this article was prepared in a specific context, and any changes may be made without prior notice.
