The Dow Jones Industrial Average (US30) is currently on an upward trajectory, showing strong bullish momentum on the 15-minute chart. As it continues to rise, it is approaching a key resistance zone that has previously served as a turning point. Traders should watch this level closely, as the price may test and react to this resistance, potentially leading to a...
In this 1-hour chart of DowJones (US30), we observe a significant bearish pattern forming after the price action. The market hunted the highs of both the Asia and Euro sessions during the NY session, which typically signals a liquidity grab. This maneuver often leads to a swift reversal, as is evident by the price dropping back down after touching the resistance...
Inventory adjustments are underway for $NASDAQ:AMZN. These adjustments are minor as Dark Pools are holding AMZN long-term, but there are other opportunities to boost ROI in younger companies. AMZN needs to provide a dividend now that it is a Dow 30 stock. The mild rotation is a gentle reminder to the Board of Directors from their most critical and important...
looking for a bounce around here. first target around 35.500
Dow Jones New Forecast You should see a few more months of inflation data that appear to be falling (before any prices are lowered) The price corrected to their support line as we mentioned in the previous chart, so now still has a consolidation between 39790 and 40005 till breaking, from this support line will try to start a bullish trend toward 40005, and...
Nvidia Reports on the Horizon, Wall Street Gains Pre-Bell; Asian and European Markets Up Wall Street futures indicated a slight rise pre-bell Monday as traders processed the final stages of the earnings season. Nvidia ( NASDAQ:NVDA ) is scheduled to announce its earnings after the market closes on Wednesday. This week will also see financial results from...
DAILY We had the touch we needed, and were triggered in quite early. SL moved and stopped out. The risk entry paid off, the reduced risk also paid off. Low test candle close to our support, it's to add to our current knowledge not direct triggers to take trades. 4H Last 3 bullish candles seem to give headroom to the reversal conversation but till there's more...
Identify which phase of the market you are currently in. DAILY Still in the correct phase of the bull trend. 37060, our significant support area where we believe the correction phase will start to phase out. We had an ascending wedge, which we broke and have just kept going down since then, forming bear flags on the way down. 4H The flat flag pattern is not...
YM (DOW 30), 4 Hour, Indicators: This is what I need to see turn to get confirmation on our short position up here. The 4 hour is still locked in "embedded" mode on the slow stochastic. My bet is that this is going to come off "embedded" and in the process swing back to the middle of the Bollinger band. . . if that happens, that would take us back to 39921 . . ....
Outlook for DJI on 3-day chart. Lower-degree wave (4) has already been completed and the final wave (5) has started. I think wave (5) will be completed soon, and upper-degree wave (b) will also be completed. The next phase is upper-degree wave (c). It will probably crash.
Outlook for DJI on 12h chart. I will update my ideas from last time. I think we are on sub-wave 5 of wave (5). This sub-wave is the last motive wave. If this scenario is correct, upper-degree wave (b) of c will be completed soon. The next phase is upper-degree wave (c). It will probably crash. Last time my idea. ■Feb 10, 2024. middle-term analysis. ■Jan 27,...
Outlook for DJI on 4h chart. There has been no changes since the last update. I think we are on sub-wave 5 of wave (5). If this scenario is correct, Upper-degree wave (b) of c will complete. next phase is upper-degree wave (c). It will probably crash. Last time my idea. ■Jan 27, 2024. middle-term analysis.
This big boys came to play with NFP but was equally sorted out without regret. 4H -Serious Doji - Hanging man as the closing candle * Evening Star 1H * 3 touches on either side of the channel * Bearish channel confirmation * Rection and close under 37500 - 37400 can be the next resting place - 37300 is the next significant level should it fall 15Min - Price in...
Well the obvious answer is that they are Major USA indices and they also share some of the big players as stocks which make up their composite Indices. My answer the Question... The beauty of Trading View is the ability to combine all sorts of aspects of trading information together, whether it be writing new scripts, combining indicators or in my case combing...
----------US30 LONG---------- I went long on US30 index just now after today's corrective move. Last Friday market started restructuring and stopped risk-off behaviour a.k.a. buying dollar, selling equities, etc. This means there is a chance to go against dollar and to buy stocks, indices in these days. Even if this won't be a reversal on the main trends I still...
After price broke structure to the downside, it retraced and formed trendline liquidity below an extreme supply zone that was left behind during the expansion. Price could now use this supply and liquidity to fuel its move down to take out the weak low.
Dow jones at Support area we can buy in here and stop loss bellow the zone or 100 pip an first target of the position first resistance and secon resistance whene price break first resistance you can close half of your position and move your stop loss bellow the resistance near 60 pip
These are my medium term key PMLs for US30. It is in a range at the moment.