Us30 Weekend analysis, we aim to buy long if us30 form a reversal chart pattern on the nearest zone since it have been the strongest support over the past days and months Longby Kegofx1
Us30 analysis during the weekendUs30 is more like to form a reversal at the nearest support level since it was the strongest support over the past trades, if the level is respected and we see the reversal chart pattern forming we take a risk and enter the trade. Risk management must be used to avoid losing more capitalLongby Kegofx1
US30 IS MEETING NEW SUPPORT?For Forex Traders, the US30 plays a vital role in determining US Dollar health and other commodities and related pairs. Last week, we have seen some tumble towards $38,000 and amid of Middle-East Tension, the stocks might not perform well due to sentiments. This was clearly (Bearish Long Candles) seen as more traders with big volume are moving down the price. We think the price might continue to fall towards to the new low $32,000 after it closed below $38,000. What do you think? Please leave a comment below. Shortby ERUDITE_88Updated 0
US30 BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! The BB upper band is nearby so US30 is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 33605. ✅LIKE AND COMMENT MY IDEAS✅UShortby EliteTradingSignals225
US30 USD meltdown (Shorts from 38400.0)My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend. I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of Structure (BOS) to the downside. Once we experience a pullback, I will seek a redistribution pattern on lower time frames to initiate sells in line with the prevailing trend. Confluences for US30 sells are as follows: - Price played a Wyckoff distribution on the higher time frame and had a CHOCH. - Continuous breaks of structure have occurred to the downside with strong momentum - Few clean supply zones have been left including the recent 20hr supply. - ATH's has been taken, and enough liq has been grabbed to start pushing price down. - still lots of liquidity and imbalances below that needs to be mitigated. P.S. Alternatively, I will wait for the daily demand. If price continues to decline, I can capitalize on a retracement back up to the supply zone, making buys a potential option this week. Wishing you all a successful trading week!Shortby Hassan_fx12
us30 1hr DBD weekly supply is down. daily supply is down. 4h supply is down. were looking for opportunity to go short. our nearest option is this 1h supply. drop base drop with 1 erc , 1:3 move away and consolidation away within our trend. take profit can be much lower as I expect the down trend to continue Shortby MastermindGND1
us30 short weekly down ,daily down. 4h supply and daily supply to consider shorting 1% Shortby MastermindGND0
US30 DowntrendI'm just a newbie in forex, and this is just what on my mind with US30. Lol, please don't hesitate to comment on my analysis. Your comments will really help me improve my analysing skill. Thank You.by andilecharles08114
Dow Midterm Roadmap Jan 202417 yr cycle coming up late this year and usually declines are pretty strong by NeonUpdated 3
Bull strike.The market is going to reverse, trying to collect liquidity. Taking all the previous highs, Collecting stop limits. Before making an impulsive bear move.Longby blxckcheffx619224
Capitalizing on Correlation: Selling US30 with USD on the RiseTraders, In today's trading session, our attention is drawn to US30, where we're closely watching for a potential selling opportunity around the 38800 zone. US30 is currently navigating a downtrend, with a correction phase underway as it nears the critical support and resistance area at 38800. Adding depth to our analysis, it's crucial to consider the broader economic backdrop. Recent data releases, including the Consumer Price Index (CPI) and Non-Farm Payrolls (NFP), have underscored the strength of the US dollar. This robust economic performance has bolstered the USD's position, creating headwinds for US30. Moreover, it's essential to acknowledge the negative correlation between the US dollar and US30. When the US dollar strengthens, it typically exerts downward pressure on US30 and other equities. This negative correlation arises from various factors, including changes in interest rates, capital flows, and investor sentiment. As the US dollar gains strength, investors may shift their focus towards dollar-denominated assets, leading to capital outflows from equities like US30. Consequently, a strong dollar can weigh on US30's performance, exacerbating its downtrend and potentially presenting selling opportunities for traders. Therefore, as we monitor US30 for a selling opportunity around the 38800 zone, it's essential to remain cognizant of the interplay between the US dollar's strength and US30's performance. Trade cautiously, Joe.Shortby JoeChampionUpdated 4422
CATASTROPHIC MARKET CRASH - Looks to be COMING VERY SOON!The fractal pattern on the charts is nearly identical, and after the crash we saw today in the crypto markets, this could be a precursor of what's about to happen in the Equities, and Futures Markets. I would be very cautious right now! I'm completely out of the market, with the exception of long-term crypto holdings. Good luck, and run a tight stop-loss!Shortby MetaShackle2
US30 Buy SetupPrice above the monthly cloud timeframe Price above the weekly cloud timeframe Price above the daily cloud timeframe On the H1 timeframe, I'm waiting for the price to move above the cloud to signal a buy setup.Longby Obreezy5Updated 3
The Dow Jones needs price correction after successive declinesThe Dow Jones index has the support of the bottom of the descending channel in the range of 37872 and under the condition of maintaining and not registering any close candle time of four hours below it, it can increase to the resistance range of 38586-38450.Longby arongroups118
US30 IS ALWAYS DOING AS I PREDICT IT NEVER TRYAnalysis done two weeks ago is still playing out just as i predicted, and now we just have to monitor the market and our trades too. its been 2 weeks of profit-making; no loss has occurred so far, Let's go. Shortby Themba_PM224
US30 No longer challenging ATHI had an upward arrow on my previous idea, suggesting that after last week's sell, price would challenge ATH. But the "sell" broke market structure and all I see is a weaker price now. Unike last week, I'm only 80% confident about this one. don't get me wrong, the price will definitely go down, I'm just not sure about the tight SL. I'll Update the Idea as it unfolds to make adjustments. Let's have a safe trading week. please boost the idea and comment if you like it.Shortby SKITLA13Updated 6
Going Long US30Entered here, tight SL good R:R already moved SL to breakeven so now risk free.ULongby PassivePips111
US30 LONG Now US30 ini demand zone soon rebond !! dont forget put stop loss in wick ^^ happy trading!!!Longby handaes2
DJ : Capitalizing on CPI-induced DJ VolatilityThe recent volatility in the financial markets has left many investors on edge, particularly with the DJ turning red in response to the latest Consumer Prices Index (CPI) news. As prices dipped in the last session, signaling a possible start to a bearish trend, it's crucial for investors to stay vigilant and adaptable. The CPI data for March revealed an unexpected acceleration, with a 0.4% increase compared to expectations of a 0.3% slowdown. Furthermore, the yearly rate surged to 3.5%, up from 3.2% in the previous month. These figures underscore the persistent pressure on prices, deviating from the market's anticipation of three rate cuts in 2024, slated to begin in June. Amidst this uncertainty, it's imperative for investors to remain proactive and seek out opportunities amidst the market turbulence. While the prospect of a bearish turn may seem daunting, it also presents potential openings for savvy traders. One strategy to capitalize on market downturns is to employ sell limit orders within the formation of a bearish channel. By strategically placing these orders, investors can position themselves to take advantage of potential pullbacks in prices. This approach requires careful analysis of market trends and patterns, but it can yield lucrative returns for those who are diligent and patient. 🟢 Our Previous Winning Idea: Shortby FOREXN1Updated 112
DOW JONES Secret Cycles you didn't know existed!On this analysis we examine the Dow Jones index (DJI) from the longer term perspective of the 1M time-frame. A lot of market participants has started to get nervous because of this month's pull-back and this is the best way to keep a calm mindset and view the price action objectively. In order to see if the market has a legitimate reason to panic or not, the answer can be given by observing the index from a cyclical point of view. To begin with, the 1M MA50 (blue trend-line) has been the absolute multi-year Support level (since October 2010 only two candle closings below it, March 2020 COVID flash crash and recently the September 2022 inflation bottom). The market deems every pull-back towards it, a buy opportunity with the lowest possible risk. Since the bottom of the 2008-2009 Housing Crisis, the 1M RSI bottoms on Lower Lows help us classify the multi-month phases into Cycles. The duration of each Cycle since the 1st, has been pretty consistent (39 to 48 months so far). When the index closes a 1M candle below the 1W MA50 (red trend-line), the correction towards the 1M MA50 is usually under way. Also there is a striking consistency on the growth of each Cycle. As you can see, with the exception of the first (naturally the most aggressive since it was the start of the recovery after a Bear Cycle), every Cycle sees gains within the range of +70% and +77%. As a result assuming the new Cycle follows a similar pattern, we can expect a minimum Target of 48850 (+70% from Low) and a Cycle ending on December 2025 (39 months from previous Low). Technically the index should peak around the the start of 2025, entering a volatile period towards the end of the year. This is as close to a projection one can make on such a long-term horizon and with tons of fundamental risks involved. Where do you think Dow Jones will top at? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2229
Dow Jones ready to bounceDow Jones 3hour chart. All time high reached at 40,000 and has since pulled back in a falling wedge formation. It has completed the 5th and final wave count last night at 38200. Possible bounce from here and a break through the upper part of the wedge to give us a run towards the all time high. Not financial advice, just an observation. Longby Allthecharts871
check the trend It is expected that after the fluctuation to the resistance levels and the resistance trend line, a trend change will be formed and we will see the continuation of the downward trend. After crossing the previous floor, the continuation of the downward trend will be more likely Consolidation above the level of 78.6% will stop the downward trendby STPFOREX0