Dow Jones is suffering between two levelsThere are about 500 pips left to reach the suffering floor, from there you can take a bite for the suffering ceilingby ehsan_13510
Dow Jones and SP500The Dow Jones and SP500 CME_MINI:ES1! support our thesis, with the Dow closing below the 50 EMA yesterday. For both indices, the 2021 ATH is a critical short-term target, offering a chance to catch our breath before the final push. Meanwhile, the VIX, though currently low, made an intriguing upward move yesterday, indicating a potential shift in market sentiment shortly.Shortby ChartScope2
Hellena | DJI (4H): Short to the area of 38566.67.Dear colleagues, I believe that the impulse of the senior wave “1” is not yet over. I assume that the correction is now in priority, so 2 variants of events are possible: 1) formation of lower wave “4” and “5” (39863.75), then correction with the aim to reach the area of 38566.67; 2) The correction will start soon without a new high, but in this case we will have to reconsider the waves. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Shortby Hellena_TradeUpdated 101048
US30 (5.29.24) V1 Buy Opportunity Hello All - sorry for the absence I will continue to be absent until mid to end of June due to travel and moving. Possible buy opportunity coming up in a few minutes. if the 30min closes bullish look at the percentage(buying pressure over 50 percent). take the buy and and manage the trade accordingly. by TheGentlemanTrader13Updated 3
US30 WE ARE DONE, WHAT'S NEXT!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US30 WE ARE DONE, WHAT'S NEXT! 📚 👉As we mentioned in our previous analysis attached on the chart, Price rejected our massive rejection zone 40k and supply as well. Specially after breaking below the marked swing low. 👉Moreover, price is approaching a nice-looking support zone, lining up with our previous swing highs and lows, where we will be looking for new longs on lower time frame to confirm a new bullish movement, as the price is still overall bullish from a medium term perspective. Unless price managed to break below our marked zone, then a movement lower would be expected, till the next demand zone, Where we will be again looking for new longs as well. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali4
DOW JONES: Correction completed. Time for a new High.Dow Jones may have turned red on its 1D technical outlook (RSI = 35.469, MACD = -17.010, ADX = 38.217) but it is only neutral on 1W (RSI = 52.498) suggesting that on the long run, these are strong buy levels from a R/R perspective. Two weeks ago we called the current pullback to 38,550 as a possibility but now it is time to turn bullish again. As you can see, on the 1W timeframe, there are striking resemblances with the Channel Up of March 2023 and in today's terms we are on the May's 2023 corrective wave. We expect at least a +13.67% rise from the recent bottom and our target sits slightly under that level (TP = 42,000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope9
US30 Bullish Outlook: Key Targets and Order Flow InsightsGreetings, Traders! Brief Description🖊️: At the moment, I am expecting a bullish switch in institutional order flow for US30, which will push the price upwards. The price originates from a daily bullish order block, and I am looking for this to support the price, leading to a bullish draw upon confirmation. Things I Have Seen👀: Bullish Support Zone📈: The price is currently supported by a daily bullish order block, indicating a potential upward movement. Price may also look to respect the rejection block and use that as a support to continue the bullish narrative. Engineered Liquidity🔄: Along the way, my anticipation is to absorb all the engineered trendline liquidity that has been presented. Bullish Targets📉: H1 Bearish Order Block: The primary target for this bullish move. What's Important Now❗ To confirm the anticipated bullish draw, we need to observe the price action and look for supportive signals at the daily bullish order block. Stay tuned for real-time developments and further insights. Kind Regards, The_ArchitectLongby The_Archi-tect2
Us30 long Us30 looking for correction buy momentum...still in bearish trend but correction needed at this moment... this long entry is important for trend continuationLongby DNA_Trader_Officials3
US 30 short - scalp trade Taken a short scalp on US 30. Entered at 38500 targeting the 1min OB (red line) Entry 38500 TP 38455 SL 38523 Looking to see how we react from the 15min FVG (blue box). IF we fail to break above the highs expect us to continue lower and hunt the daily sellside liquidity IF we hold the current highs expect the FVG to act as an inverted FVG and send prices higher towards 38640 PLAN....BE PATIENT AND EXECUTE. LET THE MARKET SHOW YOU ITS HAND AND FOLLOW IT. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick27070
Bullish Dow JonesUS30 been bearish for bout 1 week and half, Price now reaching a bullish key level. We are goin to monitor price action on low timeframe and waiting for bulls to kick in.by Capitalist_ninja114
DJ30 shortHas been falling throughout Asian session further. I would be careful around the next zone 38570 and if there are any reversal patterns in M15, otherwise you can take any pullback (highs in RSI) and pull the trigger. Is pretty safe now :)DShortby UnderlayerUpdated 1
Dow JonesCheck the video for detailed analysis. Levels are below. Pattern : Support/Resistance, triangle. Range : Medium. Trend strength : Normal. Buy Above : 39060. Stop Loss : 39000. Targets : 39120, 39200, 39320 and 39400. Sell below : 38900. Stop Loss : 38980. Targets : 38820 ,38760 and 38680. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.03:59by vanathiUpdated 9
Hot potato All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. Longby THE_APIS_TRADER2
DOW JONES 4h. - Technical analysisMY ANALYSIS The bearish trend is currently very strong for DOW JONES - MINI DJ30 FULL0624. As long as the price remains below the resistance at 39,463 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 38,537 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 37,991 USD as an objective. Crossing it would then enable sellers to target 36,795 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend. MY OPINION BEARISH UNDER 39,463 USD MY TARGETS 38,537 USD (-1.56%) 37,991 USD (-2.95%)Shortby abouelUpdated 4
DOW30The direction of the Dow Jones is currently upward, influenced by dovish signals from the Federal Reserve, favorable economic data, and positive earnings reports. Investors are closely monitoring upcoming inflation data and Federal Reserve comments to gauge future market movements. Disclaimer: Please note that the information provided here is for educational and informational purposes only and should not be considered trading or financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.Shortby KhalilKarimii1
WHERE IS DOW GOING?I taken a nice short yesterday from 38.830, and i am holding at break even. I think we will push the price lower today, and i have a main target at the reversal level 38.350. I think the price could range there before reversing and starting to bounce back up targeting 39.000 againLongby CryptoForexGem1
US30 bound for more significant GROWTH this year!US30 companies has cooled down a bit this past few weeks -- warranted correction caused by the overheated valuation of the top 30 companies in the US. Based on recent data metrics, it looks like the much needed market hibernation has been factored in already, and its ready to grind again. Upside continuation is to be expected from the current levels of 39000. We maybe seeing new highs again soon as current price movement is already hovering at the peak resistance line -- a thin poke will just squeeze this further up. Most major companies are starting to report rosy figures already which is good for the overall market. Spotted at 39500. TAYOR. Longby JSALUpdated 2
correction It is expected that the corrective trend will change the trend in the current support range and we will see the beginning of the upward trend according to the specified path. By crossing the support range, the continuation of the downward trend will be likelyby STPFOREX2
Weekly Forex Outlook Sun.May.26.2024 - Fri.May.31.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion06:08by unkn0wntrad3r111
[Early Warning] Dow Jones showing weakness, will dip furtherTVC:DJI has formed 5 waves down in daily timeframe. Unless this 5 wave structure turn into a 7 or 11 wave (counter-trend) formation, this is likely a beginning of short term down-trend. Now, this down trend could play out in different ways, 2 of the most likely options are highlighted in the chart. This 5 wave decline could be a larger ABC (or WXY/WXYXZ) which is highlighted in red color. Or worse, this could be beginning on a larger trend down and this is just minor wave i of larger 1. This is highlighted in blue color. Both of these alternatives are bearish in nature. We can expect a bounce which might go around 61.8% (~39,500) though it doesn't need to be that much. Just remember that for this scenario to play out, this 5 wave structure shouldn't change into a 7 or 11 wave structure as mentioned above.Shortby TradeCentral_IN2
Could US30 bounce from here?Price is falling towards a support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 38,606.09 Why we like it: There is an overlap support level which lines up with the 61.8% Fibonacci retracement. Stop loss: 38,120.14 Why we like it: There is a pullback support level which is slightly below the 78.6% Fibonacci retracement. Take profit: 39,072.18 Why we like it: There is an overlap resistance level which aligns with the 23.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.DLongby VantageMarkets14
Falling towards 61.8% Fibonacci support?Dow Jones (US30) falling towards the pivot which is an overlap support and could potentially bounce to the 1st resistance. Pivot: 38,561.70 1st Support: 38,394.17 1st Resistance: 39,041.44 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. ULongby ICmarkets10