Dow Jones Index (US30) Technical Analysis:The Dow Jones is currently trading near $44,100, after a strong bullish move that failed to break through the $44,300 resistance zone.
🔹 Bearish Scenario:
If the price breaks below $44,000 and holds, it may head toward the $43,350 support level.
🔹 Bullish Scenario:
If bullish momentum returns and the price breaks above $44,300, the next target may be around $45,100.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
DJ30.F trade ideas
DowJones at pivotal zoneKey Support and Resistance Levels
Resistance Level 1: 44515
Resistance Level 2: 44710
Resistance Level 3: 45100
Support Level 1: 43945
Support Level 2: 43756
Support Level 3: 43482
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SHORT ON US30US30 Has given us a nice CHOC (Change of Character) to the downside.
This indicates a huge potential of US30 dropping more after it pulls back into the supply zone that created the change.
Dollar news is also a catalyst today for this play. If news comes out good for PMI and makes the dollar rise... US30 could fall almost 3000 points over the next few days.
Take Advantage.
How to prepare a session and generate ideas - Todays NY SessionIn this video i demonstrate how i prepare a session with my heat map analysis template, using SB Style signals, MTF approach and market profile. I go through the current price action and setup of DXY, Silver, Gold, WTI, NAS, S&P and DJ30
US30 Holding Above Key Pivot – More Upside Ahead?US30 – Overview
The price has stabilized within the bullish zone after holding above the key pivot level at 44170, indicating continued upside momentum. As long as the price remains above this level, we expect a move toward the next resistance at 44360, with potential for an extension toward 44610. A confirmed breakout above 44610 on the 1H timeframe could open the path toward the next resistance at 44730.
However, a 1H close below 44170 may trigger a short-term correction toward 43960.
A break below 43960 would shift the bias to bearish, with further downside likely toward 43785 and potentially 43630.
Resistance: 44360, 44610, 44730
Support: 43960, 43785, 43630
08/05/2025📍 US30 Technical Breakdown – 08/05/2025
US30 bounced hard from the 43,500 lows and is now trading near 44,250, reclaiming key short-term moving averages. The index is approaching a major resistance zone around 44,600–44,720, where sellers previously stepped in.
Momentum is shifting in favor of bulls, but this move could stall unless we see a clean break above the previous breakdown levels.
📊 Current Market Behavior:
📈 Strong bounce off 43,500
📊 Trading above EMAs — short-term momentum bullish
🧱 Resistance overhead at 44,600+
⚠️ Potential lower high if bulls fail to reclaim 44,720+
📌 Key Levels:
🔹 Resistance Zones:
44,300 → Intraday resistance (current level)
44,600–44,720 → Key breakout test zone
44,943 → Major rejection point
🔹 Support Zones:
44,078 → EMA confluence support
43,600–43,500 → Bounce zone
43,471 → Prior low
🧠 Bias:
📈 Neutral to Bullish Intraday
Buyers in control short term, but critical resistance ahead. A failure at 44,600–44,720 would favor reversion. Breakout = bullish continuation.
Will The Soft NFP Data Resume the Strength of Dow Jones?Macro approach:
- The Dow Jones Industrial Average advanced this week, rebounding strongly as risk appetite improved following last week’s pullback, supported by a soft jobs report and easing global tariff concerns.
- Sentiment was aided by the Fed’s increased hopes of a near-term rate cut after Non-farm Payrolls missed expectations, prompting a 1.3% surge on Monday. Broader market sectors responded favorably to resilient earnings and softer economic prints.
- The index may remain sensitive to upcoming US inflation data, US service sector data and Fed communications, with labor market softness and further trade headlines poised to influence direction this and next week.
Technical approach:
- US30 significantly rebounded yesterday, erasing half of the losses from the last 5-losing streak last week. The price is hovering around EMA21, indicating a short-term sideways momentum and await for an apparent breakout to determine the trend.
- If US30 breaks above key resistance at 45000, the price may surge further to test the Fibo Extension confluencing area around 46800.
- On the contrary, failing to hold above the support at 43325, confluence with EMA78, may prompt a deeper correction to the following support at 41750.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
*US30: Fifth Wolfe Wave in Play—Correction Offers Prime Shorting📉 *
The US30 index has completed its **fifth Wolfe Wave**, initiating the expected downward move. While price is currently undergoing a corrective bounce, this retracement is shaping up to be a golden opportunity for sellers.
🔍 **Technical Breakdown**
- ✅ Wolfe Wave structure is confirmed, with wave 5 marking the turning point.
- 🔄 Current price action shows a **corrective pullback**, typical after the initial drop.
- 📌 Any upward movement is viewed as a **strategic entry point for short positions**.
🎯 **Target Zone**
We’re eyeing a descent toward the **41,700 level**, which aligns with the equilibrium line drawn between **waves 1 and 4**—a classic Wolfe Wave target.
⚠️ **Trade Insight**
This setup blends harmonic precision with tactical timing. As long as price remains below the wave 5 peak, the bearish bias holds strong. Sellers are watching for signs of exhaustion in the correction to strike.
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US30 TRADE IDEA 4 AUGUST 2025The US30 (Dow Jones Industrial Average) is showing signs of a near-term bearish bias after breaking down from its rising daily channel and rejecting at the 44,700–45,100 supply zone, which coincides with a key former support level now acting as resistance. From a Smart Money Concepts perspective, this zone represents a recent order block where institutional selling pressure originated, making it a high-probability area to look for short entries if price retests with bearish confirmation, such as a daily bearish engulfing candle, a long rejection wick, or a clear lower-high formation. The first major downside target lies around 43,062, aligning with an intermediate demand zone, with an extended target toward 42,500, where deeper demand and prior consolidation converge. Stops should be placed above 45,150 to invalidate the bearish setup. Conversely, if price drops into the 42,800–43,000 demand zone and shows strong bullish reversal patterns, there is scope for a tactical countertrend long back toward 44,700–45,100, provided that geopolitical and macro conditions turn supportive. Fundamentally, the market remains caught between optimism over potential Federal Reserve rate cuts later this year and uncertainty stemming from the Fed’s cautious, data-dependent stance. Geopolitical risks—particularly heightened tensions in the Middle East and ongoing U.S.–China trade friction—are adding to volatility and could weigh on global risk sentiment, especially if oil prices spike and inflation concerns reemerge. These risks, combined with political uncertainty in the U.S., favor selling into rallies until there is a clear shift in macro direction. Key events to monitor include upcoming Fed communications, developments in Middle East conflicts, and any major U.S.–China trade headlines, all of which could either reinforce the short bias or trigger a sentiment-driven reversal. For now, the preferred approach is to sell into strength near the supply zone with defined risk, manage positions closely around the 43,000 demand area, and remain flexible to flip bias if price action and fundamentals align for a reversal.
Dow Jones Index (US30) Technical Analysis:The Dow Jones Index has bounced from the 43,350 support after a sharp decline, currently trading near 44,000, testing nearby resistance.
🔹 Bearish Scenario:
If the price fails to break above 44,200 and selling pressure resumes, a drop below 43,800 could push the index back toward the 43,350 support area.
🔹 Bullish Scenario:
If the index breaks and holds above 44,200, the bullish move may continue toward 44,700, with further potential toward the 45,150 resistance zone.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
US30 Rejected Support at 43340 – Bearish Below 43960US30 – Overview
The price rejected perfectly from the projected support at 43340 and currently maintains a bearish momentum as long as it trades below the pivot level at 43960.
As long as the price remains under this level, we expect a move toward 43630, and a break below that may lead to a retest of 43340.
However, a 4H candle close above 43960 would shift the outlook to bullish, with upside potential toward 44170 and possibly 44360.
Support: 43630 • 43340
Resistance: 44170 • 44360
Bias:
🔻 Bearish below 43960
🔺 Bullish confirmation on 4H close above 43960
US30 ShortUS30 Short Setup – Bearish Retest Play
Idea: Looking for a short opportunity after a clean break of structure and trendline.
Breakdown:
Trendline Break: The rising trendline (yellow) has been decisively broken, signaling a shift in market structure.
Structure Shift: We saw a strong impulsive move to the downside, breaking previous higher lows and confirming bearish intent.
Key Resistance Zones: Price is now pulling back toward a key supply zone between 44,100 – 44,300, which aligns with previous support-turned-resistance.
Plan: I’m anticipating a potential lower high formation around this zone, followed by rejection and continuation to the downside.
Target Zone: My short target is the demand area around 42,900 – 42,600 where price last consolidated before the previous rally.
Invalidation: If price reclaims and holds above 44,400, the short idea becomes invalid.
US 30 Index – Potential Rebound or Deeper Retracement Ahead?Just as the US 30 became the last of the three major US indices to register a new all time high last Monday at 45160, on a final wave of positivity generated by the announcement of a trade deal between the US and EU, it was snatched away again as traders used the up move to take profit on longs.
This initial fall evolved into 5 straight daily declines which took the index from its record high of 45160 on Monday to a Friday close at 43591 as the sell off accelerated, driven by disappointment of a more hawkish than expected Fed, a new wave of trade tariffs from President Trump, weaker Amazon earnings , and on Friday, perhaps the biggest surprise of all, a Non-farm Payrolls release that showed the US labour market may be weakening faster than anticipated.
Looking forward, with the shock of Friday’s data reverberating through markets, US 30 traders still have lots to think about this week. The US ISM Services PMI release is due at 1500 BST on Tuesday. Service activity has been the major driver of growth in the US economy for the last 18 months, so this new update could have a big influence over where the US 30 index moves next. Any reading below 50 = economic contraction, while readings above 50 = economic expansion, and traders could well be focused on how this month’s print stacks up against last month’s reading of 50.8.
The earnings releases of 3 bellwether US corporates may also be relevant, given their US 30 index weightings. Caterpillar reports its Q2 results before the market open on Tuesday, with McDonald’s and Walt Disney reporting before the open on Wednesday. Traders may be looking to compare actual earnings against expected, alongside assessing any future revenue guidance that is provided against the current trade tariff operating environment.
Now, while the US 30 index has opened this new trading week on a more stable footing, currently trading up 0.25% at 43705 at the time of writing (0530 BST), assessing the technical outlook for the week ahead could also be useful for traders.
Technical Update: Deeper Retracement Risk Emerging?
While it might be argued that it was the reaction to the latest US employment data that saw US equities encounter fresh selling pressure, as the chart below shows, prices were already declining into Friday’s payrolls release.
Price weakness was materialising in the US 30 index right after it posted its new all-time high on Monday July 28th at 45160, and traders might now argue that last Thursday’s close below support provided by the Bollinger mid-average, currently at 44412, was the first potential indication that a more extended phase of price weakness was possible. The case was then perhaps strengthened by Friday’s negative reaction to the payrolls data, which saw closing breaks under support provided by the July 16th last correction low at 43770.
There is of course no guarantee that this price action will result in a retracement of the April 7th (36440) to July 28th strength (45160), but assessing what may be the potential support and resistance levels to monitor this week could be helpful, if the recent volatility continues to dominate price action at the start of August.
Possible Support Levels:
Last week’s price decline held at the 43337 level which was the August 1st low, and having previously found buyers at this point, they may be found again. As such, this 43337 level could now prove to be the first support focus for the week ahead.
Closing breaks below 43337, if seen, could lead to the possibility of further price declines, opening potential to test the next support at 41824, which is the 38.2% Fibonacci retracement of April to July 2025 price strength (see chart above).
Possible Resistance Levels:
Having now seen the Bollinger mid-average for the US 30 index turn lower after last week’s fall, this may now be the first resistance level to watch on any subsequent rally higher. It currently stands at 44442 and watching how this level is defended on a closing basis could be useful.
If a more sustained phase of price strength is to materialise, it could be closing breaks above the mid-average at 44442 that increases the possibility of it happening. Such moves could then see retests of the July 28th all-time high at 45160, possibly higher if this level is then breached on a closing basis.
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US30 Technical Breakdown – 08/04/2025📍 US30 Technical Breakdown – 08/04/2025
US30 sold off sharply, breaking down from the 44,600–44,700 range and diving as low as 43,500. Price is currently bouncing near 43,750, but the trend remains weak with lower highs and a breakdown structure intact.
The market lost its key support zone and is now attempting a weak relief rally. Bulls must reclaim 44,000 to avoid further selling pressure.
📊 Current Market Behavior:
📉 Sharp downside momentum
🔄 Small bounce after aggressive breakdown
🧱 Old support at 44,600–44,700 now acting as resistance
⚠️ Bearish structure intact unless reclaimed
📌 Key Levels:
🔹 Resistance Zones:
43,950–44,000 → Minor intraday resistance
44,600–44,720 → Major breakdown zone
44,943 → Swing high before selloff
🔹 Support Zones:
43,600 → Intraday bounce zone
43,500 → Recent low
43,200 → Next potential demand area
🧠 Bias:
📉 Bearish Intraday
Market still under heavy pressure with no major reversal signals. Relief rallies likely to be sold until key levels are reclaimed.