Technical Analysis The price dropped and reached our weekly target of 38,050, as mentioned at the beginning of the week. Now, the price will likely attempt a retest up to 38,190 and 38,400 before potentially dropping again. The bearish trend will be activated by stability below 38,050, targeting 37,820. A bullish scenario will be triggered if the price breaks...
The forecast for the Dow Jones 30 is now leaning towards a bearish trend. Prices are expected to fluctuate between 40050 and 39564. However, if the 4h candle closes below the pivot line at 39,564, the bearish pressure is likely to continue, potentially driving prices down to 39400 and 38825. Key Levels: Bullish Line: 39825, 40050, 40285, 40500 Pivot Line:...
The forecast for the OANDA:US30USD indicates a potential bearish trend. However, there may be a retest of resistance levels between 38445 and 38600 before the downtrend begins. The bearish movement is expected to target support levels at 37721 and 37499. Key Levels: Bullish Line: 38445, 38825, 39075, 39400 Pivot Line: 38000 Bearish Line: 37721, 37499, 37130, 36665
US30 New Forecast Nasdaq and S&P 500 Futures Rise on Chip Stock Rally Following Nvidia’s Positive Revenue Forecast Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 climbed on Thursday as chip stocks rallied, bolstered by Nvidia's optimistic revenue forecast, which strengthened investor confidence in the rapid growth of artificial intelligence...
In my opinion today the market shifted from buying to selling. The shift was mostly obvious in DJ30 but I think all will fall heavily this week. Disclaimer: Not a financial advice. Do your own analysis before investing or trading
Price is falling towards a support level which is an overlap support and could potential bounce from this level to our take profit. Entry: 39,358.62 Why we like it: There is an overlap support level. Stop loss: 39,078.47 Why we like it: There is an overlap support level. Take profit: 40,012.33 Why we like it: There is a pullback resistance level. Please be...
DJ30 has broken out of the resistance level, which acts as an overlap resistance, and could potentially rise to our take profit target. Entry: 39,358.62 Why we like it: There is an overlap resistance level. Stop loss: 39,078.47 Why we like it: There is an overlap support level. Take profit: 40,012.33 Why we like it: There is a pullback resistance level. Please...
The Dow Jones Industrial Average has recently surpassed the 39273 level, breaching the 61.8% Fibonacci retracement threshold, yet remaining below the 78.6% mark. Currently, the price has encountered a Bearish Order Block in a higher timeframe, suggesting the potential for a reversal, particularly given the overbought conditions signaled by both the stochastic...
The Dow Jones Industrial Average has recently attained a critical juncture, reaching the 61.8% Fibonacci retracement level. This significant milestone is augmented by the convergence of several key technical factors, notably including the Point of Control (POC) volume and divergence signals observed across various indicators. The confluence of these technical...
US30 H4 We fell marginally short of seeing this price trigger yesterday as we approached the underside of our key sell zone. US stock market open may provide the volume and entry point to see and commit to shorts from that 39k price. Nice confluence zone offering that whole/psychological number, H4 supply and resistance.
The price is rising toward the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement; it could reverse from this level to our take profit Entry: 39,095.90 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 39,373.41 Why we like it: There is an overlap...
The price is falling toward a support level, which is an overlap support that aligns with the 23.6% Fibonacci retracement, and could potentially bounce from this level to our take profit target. Entry: 38582.81 Why we like it: There is an overlap support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 38178.37 Why we like it: There is a...
Dear Indices Robbers/Traders, This is our master plan to Heist US30 Market based on Thief Trading style Analysis. I have two plans to heist this market please look at the chart I have mentioned in our heist plan whether Bull or Bear. My dear Robbers U can enter at the Neutral area after the confirmation of market condition, Our target is Red Zone for Bull Trend...
DJ30 is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection. A rejection from this level could indicate a double top pattern which could lead to price drop. Entry: 38611.96 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 39089.65 Why we...
Simple trading - "M" Pattern Massive Sell-off incoming This is by far the easiest pattern to spot. Do NOT follow the trend anymore. Respect the pattern. A retest to 2340 with rejection is a clear sign of new resistance. If Gold can manage to break above 2345, then look to continue buying. The two entries I'll be looking for are SELLS at 2340 with a 50pip stop...
Price is currently rejecting off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 38579.76 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 39060.40 Why we like it: There is a pullback...
Price is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 38350.42 Why we like it: There is an overlap resistance level which aligns with the 38.3% Fibonacci retracement Stop loss: 38748.42 Why we like it: There is a pullback resistance...
The DJ30 is rising toward a resistance level, which is a pullback resistance aligning with the 23.6% Fibonacci retracement, and it could reverse from this level to reach our take profit target. Entry: 37624.38 Why we like it: There is a pullback resistance level which aligns with the 23.6% Fibonacci retracement. Stop loss: 38056.29 Why we like it: There is a...