US30 is priced at $47371 with bullish price action currently at play after the strong bullish move from the $46675 pivot level. Market has been experiencing a strong bearish move for the past few weeks and with the recovery from $46675, we see strong injection of bullish momentum in the market potentially creating a shift in trend. Bulls continued to push during the NY session yesterday with the market currently testing the resistance zone at $47450, with price trading in the Asian range of $47384-$47432 On the 1-hour timeframe, price trading above all 3 SMAs with a confirmation of the bullish cross, and the RSI bullish territory above 55. The market is relatively choppy in its move ot the upside making difficult to map out potential support zones for long positions, thus will be staying out until viable levels can be established.
(You can increase or adjust limit layers based on your own entry strategy.)
🧠 Risk Management – Thief OG Discipline Zone
🛑 Stop Loss: 46,400 (Thief’s Defensive Zone) Dear Ladies & Gentlemen (Thief OG’s) — Adjust your SL based on your personal risk appetite & trade psychology. This is a flexible framework, not a fixed signal. Trade smart, trade free. ⚡
💰 Profit Blueprint (Escape with Precision) 🎯 Target Zone: 48,800 Moving Average Resistance Zone Overbought Conditions Potential Trap for Late Buyers When market traps the crowd — Thief escapes with profits 🕶️💸 Dear Thief OG’s — Manage your own TP according to your vision. Be adaptive, not reactive.
🔍 Correlated Markets to Watch (Key Insight Section) Monitor related indices & USD pairs to confirm momentum alignment: SPX500 – Often mirrors US30 moves (risk sentiment indicator). NAS100 – Tech-heavy correlation; if it lags, US30 may lead. DXY (US Dollar Index) – Inverse correlation; if DXY weakens, equities gain lift. US2000 – Watch for confirmation from small caps — strong US equity strength sign.
DJI 📈 Macro Fundamentals Breakdown • Interest Rates 💰: Fed Funds Target Range at 3.75%–4.00% (post-Oct cut; steady easing supports equities) • Inflation Gauge 📉: CPI at 3.0% YoY (Sep data; Oct print due Nov 13—cooling trend aids soft landing bets) • Economic Growth 🚀: Q3 GDP Nowcast at 4.0% annualized (Atlanta Fed, Nov 6 update; Q2 revised to 3.8%—robust consumer drive) • Jobs Market 👥: Unemployment at 4.3% (Aug official; Chicago Fed Oct est. 4.35%—stable but claims ticking up) • Bank Orders (COT Feed) 🏦: Latest snapshot paused (shutdown impact); prior non-commercial longs at 70% net short bias (contrarian bull signal)
🌡️ Seasonal Tendencies • November Historical Edge: Avg +1.5% gain over 10 yrs (strongest post-election month; 70% positive closes) • Key Pattern: Buy window opens Nov 12 (10-yr cycle shows +4.2% avg run to Jan 2) • Current Fit: Aligns with year-end rally setup, but volatility caps upside
😎 Trader Sentiment Outlook • Retail Traders 🛒: 70% short • Institutional Activity 🏛️: Net long bias (COT hedgers +15% vs retail; smart money accumulating dips) • Crowd vs. Pro Correlation: 65% inverse (retail fear fuels institutional buys; widening gap signals reversal potential) • Investor Mood Meter: Extreme Fear (CNN Index at 25/100; VIX spike to 20+ reflects shutdown jitters) • Fear & Greed Dial: Locked in Extreme Fear zone (down from Greed in Oct; oversold territory for bounces)
⚖️ Overall Market Outlook Score • Neutral Tilt (Score: 55/100): Bullish macro anchors (GDP/jobs) clash with fear-driven sentiment; watch shutdown end for long trigger. No bias—just the feed.
US30 The Excitement is Building! On the Hourly, we have two, back-to-back patterns: a Double Inside Day, followed by a Triple Inside Day. That means more than one BIG move is coming, either to the upside or the downside. And, it can happen anytime, from real soon to within the next 24-hours.
US30 Last Call for This Session: If the bulls rise more to breach the Swing High of 47,358 with a candle close past that price, then they can cross through the S&R Zone and head towards the Swing High of 47,454. But if the bulls can't breach that Swing High with a candle close past 47,358, then back down again towards the Bearish Trendline (in red dotted line).
Even though I don't know what those thingamajigs he calls the "Fair Value Gap" and "Breaker Block" are and do, the Dow can potentially go back to 48,000.
US30 Hey, check this out on US30! 📈 We just hit that Fair Value Gap + Breaker block area—super key support right there. Looks like we got the Shift and are ready to push up. My target is the $48,125 high. Let's see if this move holds! 🚀
US30 is priced at $47371 with bullish price action currently at play after the strong bullish move from the $46675 pivot level. Market has been experiencing a strong bearish move for the past few weeks and with the recovery from $46675, we see strong injection of bullish momentum in the market potentially creating a shift in trend. Bulls continued to push during the NY session yesterday with the market currently testing the resistance zone at $47450, with price trading in the Asian range of $47384-$47432
