US30 Looking at the 4-Hour chart, it is in Bearish (directional) Market Bias from the candles being below the Bearish Trendline (in red dotted line).
The Popgun pattern is still in play. There's the third and last swing left, which is to go Up after the end of the bear run. The previous candle is a tall Hammer resting on a thin S&R Zone.
An Inside Day is also forming, which means a market pause with no clear direction. Price action can consolidate within it until a breakout from either the pattern's high of 47,637 or low of 47,384 (shown as two orange lines).
If we get a true breakout at the Inside Day's high of 47,637, then the bulls can swing Up for the final move of the Popgun pattern and head for the current mean reversion level of 48,000. The market can drop again after that.
*Side Note: You can see on the 4-Hour chart that a Triple Inside Day pattern formed on Wednesday, which foretold of a MASSIVE move to come. It showed up 4 hours later as a long bearish drop of about 1,000 ticks (points). And, the giant M-shaped pattern finished forming.
US30 For Swing Traders & What's to Come in 2026: Looking at the Weekly chart, it is in Neutral (directional) Market Bias from the bullish and bearish trendlines (in red and green dotted lines) that formed a channel.
Price action is on the lower end of the channel - a Support Area.
Entering a Bear Market? If in the weeks ahead, we see a drop to the right of the Bullish Trendline (in green dotted line), then the market bias flips from Neutral to Bearish.
A continued move to the downside can be towards the Swing Low of 45,138. If breached with a candle close past that price, then the Bearish Market Bias gets reinforced with lower moves to the downside, making 2026 the start of a Bearish Market.
US30 Upsy Daisy: If and when the bulls are really ready to go up, here's a take profit projection that's conservative: 47,784 - 48,025 - A range that's anywhere from a shallow pullback to deeper pullback towards the current mean reversion price.
The market can still drop after the pullback because the Hourly is very much in Bearish (directional) Market Bias.
US30 one month left till we end the year you don’t even have 5000$ that time you’ve been trading the whole year it won’t get better it will get either a job and trade part time for extra income or else grey hair will visit you very soon
US30 Making Good Peanut Money? The drop continues. Look what's below on the Hourly. In case the bearish trend continues, there's a S&R Zone (that starts at 47,397) below and the Swing Low of 47,314 as strong Support Areas.
I have my doubts about it dropping that low today. The bulls have been fighting hard for almost 3 hours to halt this drop. You can see their effort through the wicks created in the last few candles.
*Side Note: If you look at the bullish trend to the left of the chart and the bearish trend to the right of the chart, there are price action traders who would call these "Low Traffic Areas" for not having any pullbacks or consolidations in the way. It's a clear rise and drop without obstruction. They are mirroring each other as opposite moves.
US30 Looking at the 4-Hour chart, it is in Bearish (directional) Market Bias from the candles being below the Bearish Trendline (in red dotted line).
