Hello everyone, Dow Jones 4H NEW FORECAST The index price returned in yesterday’s trading to test the additional support extending towards 39092, which constitutes an essential factor in confirming the bullish scenario. We notice that the price is covered in green as a result of achieving significant gains by exceeding the first stable target at 39559 and...
I'm focusing on a potential long opportunity for the US30 (Dow Jones Industrial Average) guided by Elliott Wave principles. Our analysis indicates that we're currently seeing the setup for a bullish continuation. The market appears to have completed a corrective phase with wave (4) and is now transitioning into what could potentially be an ascending wave (5)....
Hello everyone, Dow Jones 4H NEW FORECAST The index price achieved some additional gains in yesterday's trading by touching the 39092 level, and then was forced to form some temporary negative bounce, affected by the attempt of the Stochastic indicator to exit the overbought level. We would like to remind you that the bullish scenario will remain with repeated...
Hello everyone, Dow Jones 4H NEW FORECAST Yesterday, the index price formed a strong upward corrective rebound, taking advantage of the formation of the 37950 level as strong support We noticed that it compensated for some losses by reaching the barrier positioned near 38680 and stabilizing below it. The continued stability below this barrier supports our...
Hello everyone, Dow Jones 4H NEW FORECAST Yesterday, the index price was affected by US economic data, forming a temporary positive bounce to test the resistance at 38525, then returning to stability below the 55 moving average axis centered at 38220 We expect the price to activate a negative attack by remaining below the mentioned resistance, initially...
Hello traders this is my detailed insituional anaylsis for this index I Will wait for trading setups and share those signals with you if you like my anaylsis hit the like button and comment and lets share our ideas toghether Wish you good luck and good trading
US30 TRADE PREDICTION BULLISH SETUP if you like the idea support please hit the like button and show some love wish you good luck and good trading
Hello everyone, Dow Jones 4H NEW FORECAST The index price returned to mixed trading without reaching any new positive target, affected by the formation of the 38680 level, a new obstacle to bullish trading. But repeated stability above the additional stable support at 38545 constitutes an essential factor to stimulate the previously suggested positivity. We...
Hello everyone, Dow Jones 4H NEW FORECAST The index price was affected by many positive factors to confirm to us its adherence to the upward path, including the repeated stability above the additional support centered at 38250, supported by the stability of the 55 moving average near it, in addition to the Stochastic indicator beginning to present positive...
The DJIA (US30) on the 45-minute chart is showcasing a potential Elliott Wave pattern in play. After the completion of wave (5), indicative of the end of an impulse sequence, the index seems to have embarked on a corrective phase marked by an (a) and (b) wave structure. Currently, it appears that wave (b) might have peaked, setting the stage for the start of wave...
Taking a risky buy on US30 from the demand equlibrum lets see how it goes THis buy holing will invalidate the early sells making the sells a low probability trade
Bullish range tapped n supply might see pullback into POI's below
This index has formed a doji candle, which might be an indicator of an indecision in the market. I anticipate that the market might retest the resistance at 40,000 based on the fact that sentiment is bearish on this trade. Entry point at 38150, TP at 40050 ,and SL at 37200 as my R : R is 1: 2. Kindly remember to risk 1 - 3 % of your account.
Turning my attention to the US30, I've identified a significant LONG opportunity. The index is displaying bullish momentum, having recently rebounded from key support levels and now breaking through previous resistance. This move is supported by strong volume and a bullish crossover in the MACD, suggesting a continuation of the upward trend. Additionally, the RSI...
**Monthly Chart** Last month's candle closed bullish and created a new high at 39910.47 (slightly shy from 40000.00 round number - a new historical high). This month opened from the high of the previous high and paused at 40023.09 only to reject it and move lower. This suggests that the long-term trend might be over and we should start looking for the start of a...
Eyeing the US30, I've identified a compelling LONG opportunity. The index is showing bullish signals, with a rebound from significant support levels and a pattern of higher lows suggesting an upward momentum. Technical indicators like the RSI moving above 50 and a bullish MACD crossover reinforce the strength of this trend. The broader economic indicators further...
In this video, we delve into a prospective trading opportunity within the US30 Dow Jones index. Our analysis entails evaluating the prevailing trend, scrutinizing price movements, assessing market dynamics, and identifying a potential entry point under favorable conditions, as elaborated in the video. Incorporating robust risk management principles into your...
Over 350 pips bagged successfully on Dow jones PA is melting hard, what are you doing about it? We have 2,150 pips to go. stuck in profit