DOW JONES 30 │ US30 │ WEEKLY OUTLOOK Four-hour timeframe After 17+ days of sheer bear strength price tapped into a demand level that held price, not only that we’ve been going higher, disrespecting supply indicating that the bulls are flaunting their horns. On Thursday, the bulls then took advantage of the news induced bear drive to discounted prices to buy the asset. The only thing holding the bulls up now is the supply zone that saw that massive sell off on Thursday. Should this be bulls stepping in, the extension of this trend will see a new high of 40238.3, for this we will have to wait and see. Fifteen-minute timeframe As always, if the news spikes, and it is not a true valuation of price, the market will return back to demand or supply that caused that move, they will then reclaim that level and flip it, in this case, supply will/should become demand. All the stops above the news candles were raided on the 15-minute timeframe. Five-minute timeframe Until I see some indication that the 15-minute timeframe is turning bearish, I will only look for long positions at discounted value on this timeframe. Final Thoughts The structure has turned bullish on the higher timeframe; the month is also ending so this may just be the start if a monthly flip (to bullish) or exhaustion from profit taking. Longby Austin_Palmer0
US30 buy (80pips)US30 is currently bullish and has rejected a significant level 37300.00 FOREXCOM:US30 FX:US30 . Price action is observed, bullish momentum is present. This is only a trade idea, use risk management. Happy tradingLongby PLETHORAFOREXINSTITUTE7
Trade OpportunityNew World Capital - Article 5 FOREXCOM:US30 More liquidity is being grabbed on US30 as well. When a breakout is about to happen, it is more often than not preceded by fakeouts. If all the conditions are met in this session, we will observe a breakout of US30 past the $38,000 - $38,200 zone and see new horizons around $38,500 and beyond. It is not a matter of if but when. Buy ( 2X ) US30 @$38000 - $37800 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+ Day TradeLongby godoffinances1
DOW BUY?Hello Fellows! I hope you are all doing great! This trade is an experiment, I'm working on a system and will try to post further details if successful. Let's see how it goes! Take care, trade safe and be dandy! Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors. Longby AAC87Updated 0
Us30 rebound upside continue Hey there on 1htF the US30 looking for upside rise continue above the 39000 so can w see next sell area above from 38700 Shortby DvsTraderfirm0
possibility of correction The current uptrend is expected to end at the specified Fibonacci levels and a reversal will be formed. If the index passes the level of 78.6%, the continuation of the upward trend is likelyShortby STPFOREX2
Dow Jones may fall to 36230 - 37060 Day Chart. Pivot 38600 Our preference Short positions below 38600 with targets at 37060 & 36230 in extension. Alternative scenario Above 38600 look for further upside with 39345 & 39850 as targets. Comment The RSI is mixed with a bearish bias. Supports and resistances 39850 39345 38600 38004 Last 37060 36230 35480 Number of asterisks represents the strength of support and resistance levels. Shortby Daniel_Thompson3
Trade OpportunityNew World Capital - Article 4 (continuation) US30 The liquidity grab happened and we bought the dip. We now have 2 positions opened before the session ends. We can expect more liquidity grab during the next London/New York session approximately from 5:00AM to 8:00AM (PST) Buy ( 2X ) US30 @$38000 - $37800 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+ Day TradeLongby godoffinances665
Trade OpportunityNew World Capital - Article 4 (continuation) FOREXCOM:US30 US30 has indeed gone from a falling knife to a space rocket. The volatility is dying down as the session is coming to an end. Prior to the next session, I anticipate that there will be another liquidity grab that will make the price slips rapidly before rallying to the level it was at before the previous liquidity grabs occurred. Buy ( 2X ) US30 @$38000 - $37800 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+ Day TradeLongby godoffinances0
US30 IS BACK WITH MORE OPPORTUNITIESUS30 is back for us to open more buy trades, Retest level was hit and now we wait for market to give another chance to enter more trades, All i know is that i am the Greatest in trading Longby Themba_PM1
Dow Jones Showing Bearish Signs With Double TopDouble Top can be seen with bearish divergence although late entry but still good short oppurtunity. This is not a financial Advice DYORShortby simonlynch4560
Dow JonesPrice was falling gradually from the starting of this month. It has formed bottom at the zone 37700 and now it has broken the downward trend line. So what next? 38500 is an important zone. If price sustains this level then it can move towards 38580, 38660, 38740 and 38800. On the other hand if 38500 acts as a resistance zone, then price will move towards 38380, 38300, 38220 and 38160. Let us see what price want to do... It can create another possibility too...by vanathiUpdated 8
Review of US30 AnalysisIn my earlier video, I was convinced that the market will sweep the 4h SSL before going higher. I was was wrong, as my update afterwards showed. In this video, I recapped my analysis, acknowledging my shortcomings and What my mindset should be in the markets. We live and we learn :)U06:56by poizdangel0
Trade OppoertunityNew World Capital - Article 4 FOREXCOM:US30 US30 is going through a sharp correction and is now trading around some major support @37800. Those instruments are usually good for investing in the long run so buying the falling knife is worth the risk. We are now in a Buy position risking about 1% of our account to generate about 5%+. The volume is adequate; so is the liquidity. Buy US30 @$37800 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 5%+ - 50%+ Day TradeLongby godoffinances2
US30 Possible longsTaking a risky buy on US30 from the demand equlibrum lets see how it goes THis buy holing will invalidate the early sells making the sells a low probability tradeLongby ADONITRADES3
US30 short sellWith US30 depicting a bearish trend on the !h timeframe i am inclined to take a short sell. Also bearing in mind that the overall trend on the daily is bearish Shortby ADONITRADES0
Dow Jones (US30): Pullback From Key Level After a test of a strong horizontal resistance, Dow Jones broke and closed below a support line of a rising parallel channel on a 4h time frame. We can expect a retracement to 38230 / 38066 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader115
US30 Dow JonesPair : US30 Dow Jones Description : Double Top in Short Time Frame Completed " 12345 " Impulsive Waves Fibonacci Level - 261.2% RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend LineUby ForexDetective2
Falling towards overlap supportDJIA (US30) has made a bearish reaction off the pivot which has been identified as an overlap resistance. Could this index continue falling towards the 1st support? Pivot: 67,959.86 1st Support: 64,549.56 1st Resistance: 71,123.59 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.UShortby ICmarkets2
US30 HAS PAID OUT ALREADYUS3O has already paid out since PSTG 1 AND 2 were hit, now we just trade the trend until the market gives us another pattern to work with. We enter more trades on c-re-enter levelLongby Themba_PM1
US30Following our previous analysis, the US30 has touched our Grey area and didn't reject on our resistance trend line but broke it. We are now expecting a retest, possibly followed by a surge to new highs. For more trade setups and analysisShortby Richman_Pinnacle_Group1
Dow and Russell could extend lowerDow and Rusell2k have rallied back and may be finding seller supply at current levels. If prices go lower and fail to hold recent support, then an extension of the down move could be in play. The majority of the gains stocks have been from the ai and magnificent 7 stocks (nvidia, amazon, tesla, microsoft, apple, google, meta). These stacks are a larger percentage of the sp500 and nasdaq than the dow and russell. The rest of the economy may not be fairing as well as the implied moves of the magnificent 7 which is attracting all the momentum money. Higher rates affecting funding costs would hit industrials in the dow and the small businesses more in the russell2k. Shortby optionfarmers2