This and NAS100 have a similar path not the same. WEEKLY 40000, the highest price it has peaked at. When it peaks it then drops and goes to fetch support from a previously strong support level. NFP is where we will get our volatility. DAILY We were in an impulsive phase, because we know that the trend is bullish. Just stuck in the ascending channel. 36000 looks...
After some fluctuation, the continuation of the downward trend is expected to form and the support range will be broken. Then it can advance to the next support range. If the stabilization is formed above the current support range, the upward trend will be possible according to the specified path
i made an us30 deal i am using my algrothmique strategy The risk is 1R and the reward is 5R If you like this idea please Show me your support Hit the like button and show Some love
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38150 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38150 support we will be looking for a potential retrace of the trend towards more lows. Trade safe, Joe.
Pivot 38600 Our preference Short positions below 38600 with targets at 37060 & 36230 in extension. Alternative scenario Above 38600 look for further upside with 39345 & 39850 as targets. Comment The RSI is mixed with a bearish bias. Supports and resistances 39850 39345 38600 38004 Last 37060 36230 35480 Number of asterisks represents the strength...
On the idea that during sharp drops or gains, as long as its above/below 25% of the leading candle. A trade can be made to the next liquidity point. With a stoploss between 50-70%. Market tends to extend in the direction closed the previous day and retrace highs/lows. Since yesterday was deep red, we can expect some move back down to that area.
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
Hello Everyone, The support structure for US30 on the weekly chart has been resilient, showing strength. A minor downturn is anticipated before resuming the bullish trend. TradeWithTheTrend3344
Last week we got the expected retest of 38600 before failing to break above then returning to the 38000 level. With anticipation for this weeks FED speech and market indecision, we continued the week just ranging between those key levels. Tomorrow the feds will be discussing their stance on inflation and how they choose to respond will impact the current market...
DXY is on speed. Hence DJI is ready for a cool down. LEt's see how this trade goes..
US30 BULLISH SETUP ENTRY 1.8 Risk reward setup The insituional smart money concept tactics if you like the trade hit the like button and show some love wish you good luck and good trading
what would your analysis be based on the current price movement?
The US30, also known as the Dow Jones Industrial Average (DJIA), is displaying strong bullish signals, indicating a potential uptrend in its price movement. This bullish sentiment is supported by various technical indicators and market dynamics. Based on the analysis, there is a compelling case for entering a buy position in the US30 index. Traders may consider...
Today I'm explaining a very simple strategy that I use for trading US30 during the NY session. Basically just wait for the 8:am EST candle to close Once the candle closes, if it's red, you would enter a sell position with a 100 point profit target with a stop loss at 100 points as well. If it's green, enter a long position with a 100 point profit target and 100...
The current uptrend is expected to end at the specified Fibonacci levels and a reversal will be formed. If the index passes the level of 78.6%, the continuation of the upward trend is likely
As we anticipate a potential continuation of bearish momentum, our analysis incorporates various factors, including structural patterns and key technical indicators. While indicators like the Relative Strength Index (RSI) offer additional confirmation, our primary emphasis remains on comprehensive price action analysis to guide our trading decisions.