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
I am waiting for another short signal on US500, US100, and for the 1st short signal on US30.
Not to forget the next FOMC meeting on Dec 13.
If you have any question, feel free to ask :)
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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...
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.
The 35,000 handle has become a focal point, laden with significant psychological implications. Anticipating potential rejections in this territory, though the extent of their impact remains uncertain. Nevertheless, the exploration of this scenario is deemed valuable, given the considerable corrective movements stemming from last week's market fluctuations and the...
The index price traded sideways yesterday with a strong negative rebound after touching the additional stable resistance at 34185.
Therefore we still prefer the uptrend due to the support level at the 34000 , and the upward will be remain because the moving average 50 still support the price to rise up , so to confirm the bullish trend...
The US30 could undergo another substantial selloff, and we've begun to decisively resist the 34,150 price level, as previously anticipated.
Our response may not have been as swift as I'd prefer, but it's worth noting that we closed yesterday's D1 candle in the red, indicating a renewed bearish sentiment today. We remain optimistic about the possibility...
The index price failed to resume the upward attack due to its encounter with additional resistance near 34150. We notice the beginning of its formation of a downward corrective creep, thus settling currently below the level of 34050. We expect the downward corrective attempts to continue making profits for the current period, and we expect it...
The price perfectly fulfills my last idea and price reached to our first target .
The index price rose over the past week and confirmed its surrender to the control of the bullish tendency by surpassing the support centered at 33770 and holding above it, achieving new positive gains by reaching about 34148,waiting for positive impulse to...
The index price rose in yesterday’s trading by recently surpassing the stable resistance at 32250, achieving significant gains by attracting towards 33450 with More bullish corrective attempts are likely.
Therefore the bullish trend scenario will be remain valid and effective supported by moving average 50 that is continue to support the...
Technically, BLACKBULL:US30 found resistance after reaching the 35,490 historical level and now it has turned to the downside. The price action developed a Rising Wedge pattern which could announce a potential sell-off. Staying below the broken uptrend line and making a new lower low activates more declines towards the median line (ML).
The price perfectly fulfills my last idea and price reached to our negative target +250 pip.
The price of index rose up and reached to near the resistance zone and the rebounded from it at 33155 ,so as long as price trade under that zone the price will be continue at the bearish trend, To invite us to wait for the price to accumulate...
Yesterday, the index price rose up in the upward corrective path, recover for some losses by testing the additional stable barrier near 33155 - 33251 and settling below it till now .
Therefore, we will wait for the price to reach that level and then we will decide the next direction, so if price can stabilized above resistance zone at 33251...
Yesterday, the index price activated the upward corrective path, compensating for some losses by testing the additional stable barrier near 33090 and settling below it, as is clear in the attached figure.
Therefore, we will continue to wait for the price to succeed in gaining additional negative momentum to facilitate the task of activating the negative attack...
The price perfectly fulfills my last idea
and price reached to our first target +200 pip .
Yesterday, the index price returned to form new negative waves. We notice that it is currently fluctuating near the stable support at 32891, trying to find an opportunity to achieve a breakout and stabilized under it , opening the door to resuming the...
Hi, According to Dow Jones analysis, there is a very good selling opportunity. The indicator appears to be in a very negative state with the pitchfork tool broken. The support at 34200 was broken. We also notice the break of the 200 moving average. All these factors confirm that the market is for sale only. Good luck everyone
BLACKBULL:US30 registered a strong growth but now it has signaled an overbought and it could develop a correction in the short term. Fundamentally, the FOMC could really shake the price. So, the fundamentals should move the rate, that’s why we have to be careful. The FED is expected to deliver a 25 bps hike. The FOMC Press Conference and FOMC Statement should be...