The index has been having a strong bull run for the past few weeks, and I am anticipating that the run will continue. According to the client sentiment analysis, it seems most traders are selling this index - 78%, and I am predicting that the price might move in their favor. My entry point is 35400, TP at 35700, and SL at 35250. My target R: R is 1:2 Note -...
My bias for US30 is bullish, hence why we are looking forward to the nearest buy opportunity which will be the 14hr demand below. This zone has caused a BOS to the upside meaning once a correction back down is complete, it will hopefully mitigate our POI where we will be able to enter buy positions. But we must wait for our lower time frame confirmations like...
US30 New forecast The index price recently surrendered to the control of the sideways tendency, although it was affected by the strength of the barrier at 35107. We note that it recently presented a weak sideways fluctuation , and we note that the upward trend In Control because the price trade above 34768 Therefore , we have to wait until breach the...
💸 DOW JONES 💸 Chart : 1Hour Overall Trend : Bullish Current Market Structure : Consolidation Scenario 1 : •Market is overall bullish , let’s see if our 1H demand area holds & is respected . For possible Longs positions taken if the SWING LOW is not Broken , Targeting 35100 . Scenario 2 : • If we do get a break BELOW our swing low , we could look for...
From my US30 analysis we are currently approaching a key level of supply, even though we are very bullish the market requires a pull back in order to mitigate the inefficiencies left below, Hence why I am temporarily bearish this week. I see price reacting from the daily supply and dropping towards 34400.0 or even lower to more discounted zones in order for price...
Hello everyone,The index price recently surrendered to the control of the sideways tilt, despite its repeated positioning within the axes of the ascending channel, to be affected by the strength of the additional barrier positioned at 35120. We note that it recently presented a weak sideways fluctuation by settling at 35000. We would like to remind you of the...
US30 Index can go Bullish if, H1/H4 closing happens above 35000, it can move bullish upto 35150 level. or it can go Bearish if, H1/H4 closing happens below 34880, it can move bearish upto 34730 level #️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST. #️⃣ Trade with 1-2% risk only.
US30 New forecast The index price rose and activated the positive path in Friday’s trading by rushing above the 34185 level, suggesting an upward trend during the coming period. Therefore the uptrend scenario will be remain valid and effective supported by moving average 50 that is support the price towards rise so our target will be 34249 and stabilized above...
Hello everyone, Despite the weakness of recent trading in the index price and its fluctuation near 35050, its positioning within the axes of the ascending secondary channel shown in the attached drawing and the stability of the support represented by the level of 34728 confirms the positive continuity for the upcoming trading. Currently, with the Stochastic...
The Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow. It’s often used as a barometer for the overall performance of the country’s equity markets. Historically it’s one of oldest and most followed indices. The chart is a useful measure of US economic...
US30 can move on Bullish Bias on 16-11-23 if any H1/H4 closing happens above 35050 level upto 35500 level. Alternatively, if any closing happens below 34850 level, then it may go bearish upto 34500 level. For more details ,reach us . Thank you
hello everyone,Yesterday, the index price formed a strong upward attack by exceeding the additional stable barrier at 34738 , achieving significant gains by attracting towards 34985 . We currently confirm that the price is adhering to the bullish scenario and by trying to form the 34738 level for new support. The bullish bias calls us to wait for recording new...
hello everyone,The index price continued to form upward waves in yesterday’s trading, taking advantage of the repeated stability above the 23.6% Fibonacci retracement level, centered at 34100, to constitute strong support, and we can notice that it achieved new gains by reaching about 34472 . The price may currently be forced to provide some sideways...
hello everyone,The index price activated the positive path in Friday's trading by rushing above the 33989 level to record additional positive gains by being attracted towards the main resistance extending towards 34341 and settling below it, as is clear in the attached drawing. Currently, and in an attempt to present the main indicators of positive momentum, we...
Hello traders it looks like its make or break time for us30 the price is on a very sensitive zone A Major key level + a falling trendline. however it looks to me that the buyers are still keeping strength on the market it is very likely and possible we can see a breakout and a further continuation to the upwards just like the nasdaq100 but the possibility...
My bias for US30 currently is for a bit more upside in order to mitigate the 22hr supply zone or the 19hr, both are apart of a key weekly supply level. From this we will expect a sweep of the asian high as well as a consolidation before entering to show that price is slowing down and buys have now become exhausted. We will then wait for a wyckoff distribution...
In my analysis, I've identified a potential continuation of the uptrend with a target set at 35,000. However, in adherence to my trading rules, I am anticipating a retracement to the 33,900 region, aligning with the lower boundary of the established uptrend channel. In this scenario, I plan to initiate a position, setting my stop-loss at 33,800, and establishing...