DOW JONES US30weekly daily up trend(trend is your friend) bullish patterns breaking resistance ( 39850 ) by 4hr candle we will continue bullish to 39970_40080 to reverse our bullish trend dow must break the main support by 4hr candle ( 39300 ) then we will go bearish to 39060_38900by Abbas-Zeineddine1114
Double Top on US30The Double Top is clearly visible on the chart US30 has hit a new historic high. As a result on the left side of the graph, there is no data to analyze This analysis has an educational aspect and You are responsible for trading based on itShortby Hazhar_Rahimi1113
US30_SELLING OPPORTUNITYTECHNICAL OUTLOOK AT 1H: 1. Bearish Divergence 2. Rejected by the Resistance Zone TRADE PLAN: Take entry at the break of previous Higher Low. Shortby MBS-TRADES2
Bulls Eye Breakout Above Key ResistanceDow Jones at Key Resistance Level The Dow Jones Industrial Average (DJIA) has been on a tear in recent weeks, reaching its highest level since January 2023. However, the index is now at a key resistance level, and a pullback could be in the cards. Technical Indicators Suggest Overbought Conditions The daily chart shows that the DJIA is now trading above its 200-day moving average, a key technical indicator. The RSI indicator is also overbought, suggesting that a pullback could be in order. Headwinds for the US Dollar The US dollar has been under pressure in recent weeks, as investors have become concerned about the US economy. A weaker dollar could weigh on the DJIA, as it would make US exports more expensive. Traders Should Exercise Caution Traders should exercise caution before buying the DJIA at current levels. The index is at a key resistance level, and there are a number of headwinds that could lead to a pullback. Disclaimer This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research before making any trading decisions.Shortby danielmanesh1510
uptrend It is expected that the index will move according to the specified path and after crossing the previous ceiling, we will witness the continuation of the upward trend. If the index crosses the support range, the correction process will continueLongby STPFOREX4
Dow Jones Revised Bull Trend Timeline 2033 At 70,000Upon further investigation, I have concluded that the current bull trend is similar to the bull trend number 2 from 1942-1965. Both trends are showing a rather flat 43 degrees up movement. A slow and steady trend. It is not as steep as the dot com bull run with its 53 degrees. Bull trend appreciated 970% over the course of 286 months. Using the same criteria (not going to be exact) I can estimate the same 286 months and 970% today will put it at 2033 and 70,000 respectively. Another clue is that the dot com bull run held above the rising monthly 21ema the entire time. 1942 bull run the monthly 21ema was a little more sloppy in its support. The 2009-2033 current bull run, the monthly 21ema is behaving similar to 1942 bull run in that it is acting sloppy in its support. Longby travis18haneyUpdated 2
SL #60560cbL 261h1 No validation for now but 40k is close lets see how daily candle gonna end up Shortby Art-of-Cutloss7
DOW JONES At the edge of the cliff.Dow Jones (DJI) is approaching the top of the 1.5 year Channel Up, while at the same time holding the Inner Higher Highs trend-line. The 1D MA50 (blue trend-line) Support is getting increasingly weak as it is now on the 0.786 Fibonacci retracement level, the closest it has been to the price action since the the November 2023 break-out. Technically this is as overbought as it can get on the 1D time-frame and the 1D CCI gives a clear sell signal that is consistent with the late July and January 2023 peaks. On this scale, the time to buy is far from the current prices, quite the contrary, the RR favors selling on the short-term. We are expecting 38050 (Support 1) to be tested on the 0.618 Channel Fib level. Even though the previous two corrections made -9.25% dips, the time to buy would be when the 1D CCI posts a Higher Low on oversold territory. That was a solid buy signal in 2023. The ideal price level for that would be as close to the 1D MA200 (orange trend-line) as possible, although it is not necessary. Profit by selling short-term and buying the dip long-term. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot3336
US30 (3.28.24) V1 V1 - Current Market Structure; I provided two trades this week already, all winners. I will only provide two trades per week from now on. I will provide market structure updates. If you would like to learn more click on the links in my BIOby TheGentlemanTrader135
bullish us 30The Dow Jones US 30 tested the resistance that it broke recently, which pushes it to rise further from the current levels and to the targets shown, especially since it formed a double bottom pattern below and penetrated the neckline, which is an indication of the riseLongby ProFitZoneforexUpdated 4
long or short on US30let's patiently wait for the market to give us a clear direction before the NYSE opens butthis is what i think might happensby sizwedlaminiforex3
Bullish Channel on US30 Price is moving within this channel with smaller movements still respecting the premium & discount ranges internally. until we see breakout of this channel price is very predictable according to internal supply & demand zones within the range. Basics like 50% discount in range does produce price to go up and react within zones. Good map to use for charting out further trade ideas?by Fear_less10
US30US30 super bullish yet how ever in next wave target figure 40000 plus where divergence could play role to trade Longby gapup690
DOW 41k, YOU'RE GONNA WANNA PAY ATTENTION TO THIS PRICE TARGET41k is a massive resistance price target meaning, it is likely to hit allowing exits at profit. If it hits there is potential to see it bounce around even as high as 54k in a short term, but ultimately, at some point it will need to retest the lower end price targets. If it were to do that sooner rather than later, it allows for a more natural growth in the price. Meaning, there is a lot of potential to see the price melt up from 41k and then keep going. OR more likely, there is a lot of potential to see a drop, possibly even a steep drop from 41k. Either way, the downside takes us around 20% and then as high as 40% down from 41k. I included 9k as a potential target, but I don't think we see baring a nuclear bomb being set off on the moon, but anything is possible. All in Mark Cuban, Sold stake in Mavs Jeff Bezos, Sold Amazon stock Warren Buffet, Sold Apple Ryan and Carl, Buying BBBY Multiple sports teams for sale, sold or being shopped Massive deals everywhere If you need any more signs that a top is near, with potential to crash hard allowing for a buy the dip scenario. Here is a small sample of it. by nicktussing77Updated 113
DOW JONES - BULLISH MOVE 🚀Hello Traders ! On Wednesday 20 March The US30 Broke The Resistance Level (39284.87 - 39080.39). The Price Retreated To The Support Level and Failed To Break it ! The Lower High is Broken (ChoCh). So, I Expect a Bullish Move 📈 TARGET: 39790.00🎯Longby Hsan_BenhmedUpdated 7726
Looking for US30 to rise back upWaiting for a internal liquidity sweep of today's low for a possible buying opportunity up to march 21st high. There is liquidity on lower time frames more visible (30min,15min & 5min). I'm personally using 1Hr and 5 min combination for this entry. When there is confirmation on the 5 min chart I'll enter around 39345- 39336 area located in the discount. That huge dump was distribution, we've consolidated in a range monday through tuesday, then made a lower low and got a market structure shift to the upside showing reversal signs. Good luck! Longby Charliepips115
I Trade supply and demand US30After the rally down price created a demand (DbD) I will be looking to short from here price already to me out on Break even ..let's see how this zone plays out Always DOYR NOTE‼️‼️‼️ REMEMBER RISK MANAGEMENT IS WHAT WILL KEEP YOUR ACCOUNT ALIVE Shortby KINGsREPUBLIQUE0
Dow Jones Index (US30): Classic Bullish Pattern As we discussed on a live stream today, US30 index tested a recently broken horizontal resistance that turned into a solid support. The market formed a double bottom formation and successfully violated its neckline. We can anticipate a bullish continuation at least to 39744 now. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1115
SL #60440cb1 261h1 Confluence with h4 imb closw up a bit to early There will be minor pulbback around 67-64 and 72 67 quite a big ranges will wait for validation or suddent movement for this time Shortby Art-of-Cutloss1
Looking for a BUY in US30As the price break a trendline I expect the price to go higher..ULongby TradeHubLiveUpdated 3
SL #604M15261 Trying hard to justify the entry by lowering the tf Miss the buyung poi eventho there some liqudation happened down there Shortby Art-of-Cutloss0
US30 (3.27.24) V2 V2 - Buying opportunity is here; if the price meets the criteria provided on the chart, enter a buy by TheGentlemanTrader13Updated 4
US30 (3.27.24) V1V1 - Price made a new HH based on previous day structure! looking for Buys today, waiting for a proper retest of structure! As always I will provide an update if a trade opportunity presents itself.by TheGentlemanTrader131