DOW JONES US30US30 is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 0.618 Fib retracement level. if the market successfully sustain this selling confluence the next leg lower could go for new LL.Shortby ZaiwajTraderUpdated 0
More selling pressure ahead?!I'm placing my order at this liquidity grab region where the buyers at some point stepped in but lost the fight. Up there could you could find trapped traders and more sellers interested to sell at that level again.Shortby dan411vm1
US30 REMAINS BEARISHUS30 can do a small retracement but pair remains bearish we loook forwarding to shorting the pair in the weeks aheadShortby mffxtrading1
Potential bearish reversalThe DJ30 is rising toward a resistance level, which is a pullback resistance aligning with the 23.6% Fibonacci retracement, and it could reverse from this level to reach our take profit target. Entry: 37624.38 Why we like it: There is a pullback resistance level which aligns with the 23.6% Fibonacci retracement. Stop loss: 38056.29 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Take profit: 37162.79 Why we like it: There is a pullback support level 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.DShortby VantageMarkets8
possibility of uptrend It is expected that the price will change the trend in the current support range and we will see the beginning of the upward trend. Then, by crossing the resistance trend line, the continuation of the upward trend will be more likelyLongby STPFOREX0
US30 - PreMarket Analysis 4/18/2024 5:58pmPrice line Trend line and see Bearish Rectangle patternShortby Trader604Updated 0
I hope not...Anticipating a similar event to 2020... I hope not, but it seems it has to be this way. Most markets bottomed March 23, but the crypto markets bottomed March 13th... Appears to be all manipulation, like a big, wicked game of chess.by ovvnyou0
long idea on us30a clear indication of bearish momentum slow is due to agressive pullback in daily. varkher baneko 30 mminute candel haru le sano muni wick banayera just bullish catchup leko xa maile alraedy profit garisake and just 125$ ma exit vaye but i am 90% sure the market will go up from now. Longby MR_JOKER_I1
US30 Rejects Area of Structure While Forming FVG Fair Value GapPrevious Analysis: US30 demonstrates very strong price rejection with "BEARISH" price action candles developed in the previously mentioned price range between $38,050 - $37,900. Price appears to be in an "ACCUMULATION phase", low-key consolidation but a wider range of price movement or fluctuation. Its following this phase in market movement we can begin to anticipate a greater push to the downside or a jump up in price value. Either way set your high and low price alerts and let the market lead the way. Current Analysis: US30 forms FVG Fair Value Gap, at an area of market structure ranging between the following price points $37,975 - $37,830. If US30 is to demonstrate its continued BEARISH momentum down, I anticipate the price returning to the recently developed FVG, filling it in with price movement, receiving more orders, and rejecting it more continuing the BEARISH 1Hr trend downward. Enter accordingly: Entry: When price returns to FVG. SL Stop Loss: 1% TP Take Profit: 3% "Please be advised by no means is this financial advice! Trade responsibly and always limit your loss." Follow @Peni2DollarzfxShortby Peni2Dollarz2
us30As we monitor the US30, it is evident that the index is currently in the process of resolving any remaining disparities in fair valuation. This phase of adjustment may involve a period of minor downward movement, as the market recalibrates, before subsequently resuming an upward trajectory towards establishing fresh record highs. Factors such as ongoing economic indicators, market sentiment, and geopolitical developments are likely to influence the timing and magnitude of these movements.Shortby Richman_Pinnacle_Group2216
US30 ON THE LEAD FOR BULLSToday i forgot to publish the information on US30 as you can see re-entry levels are already: Longby Themba_PM115
Dow Jones Bullish above 37850 Target 1. 38092 Target 2. 38149 And bearing below 37850 Target 1. 37670Longby Laxmi07012020Updated 2
US30 Analysis: Eyeing Short OpportunitiesHey Traders US30 is making its way back towards yesterday's high, presenting us with a potential opportunity to capitalize on the medium-term bearish trend. I'll be keeping a close eye on the 38000 level, as its ability to hold will determine my entry into a short position. My target for this trade is the first support at 37600, with a further hold for 37250 if the market continues its downward trend. It's important to manage risks carefully to protect our capital while aiming for profitable outcomes. Let's trade wisely and make the most of this setup! TradebudzShortby Tradebudz11
US30Identify which phase of the market you are currently in. DAILY Still in the correct phase of the bull trend. 37060, our significant support area where we believe the correction phase will start to phase out. We had an ascending wedge, which we broke and have just kept going down since then, forming bear flags on the way down. 4H The flat flag pattern is not confirmed as we only have 2 touches on either side, with price hanging in the middle we watch and stay waiting. We have placed to trade ideas, one is the super risk entry the other is the reduced entry. The risk is triggered and we just waiting for the reduced entry to be triggered. 1H Forming a pattern within a pattern (another bear flag) within the possible flat flag. So we can believe the trend we have concluded the bear movement.Shortby Mhangwane12
US30-Bullish The US 30 index shows signs of breaking its bearish channel, supported by divergence in technical indicators. A breakout could lead it towards levels of 38000 and 38300. Traders should monitor confirmation of the breakout and consider factors like market sentiment and economic data.ULongby ranamawais1
Just like her two Cousins —- Nasdaq & S&PI feel like US30 is going to act out Just like her two long known cousins I think they are triplets lol They are going to a big party somewhere in downtown Houston, we have a problem Only God can help us now!Shortby N934rex0
Dow falling channel break out dueDow falling channel break out due Dow Jones in hrly time frameLongby drmanishguptajgh0
Dow Jones / SPX / etc... possible blow off top ending This is just an idea currently and im not sold on it but it is interesting enough for me to post it and keep an eye on it. For reference my over all current market view has been for last few months that the markets go super parabolic for blow off top and then well bear market for a hot minute or quick but harsh harsh drop. That would be due to if the economy is truly as bad as people make it out to be and its not just them flapping their gums. I see how economy can be bad but I also see some progress being made. I also would think that the assumption of things going back to what they were in the sense of econ is severely misguided because as if any time and any economy has restored to a prior state exactly whether it was good or bad. Anyway I digress, Minimize any of the indicators. I dont typically use the indicators a lot besides bbwp and vrvp. Everything else is just time to time to see if I spot any patterns within them. the fractal was taken for lol 2008 on the daily time frame if I remember correctly and yeah. The direct counter to this fractal would be the other post I made months and months ago on the SPX I believe it was, It was a longer term fractal taken from the 2008-9 bottom of the stock market and run up that I though we were resembling when SPX was forming its bottom in 22-23 but thats not where I started the fractal. I started the fractal from the C-19 drop and I felt that it was suiting and a fair comparison. One of the main reason I thought it was a fair comparison was also in reference to another post I made on here that is looking at the vix and I made the comparison of the vix back in 2008 and in 2020 with the v-shape recovery from C-19.( This will be easier to understand and the other post references if you go through my page and look . I dont have that many post so it would be relatively easy to find. Again im not sold on this yet and just posting it to make sure I remember to keep an eye on it. SP:SPX TVC:DJI TVC:VIX NASDAQ:QQQ by mevlinsmoves0
US30 - Short Signal US30 H4 Lets not over complicate things here on US30, we are struggling to break this 37600 support price, 38,000 remains intact. Sell limit replaced here with a tighter stop than yesterday, we have a clear range offering best part of 400 points. Shortby Trade_Simple_FX0
DOW JONES Sell target hit. When will it reverse?Dow Jones (DJI) hit the 38050 Target that we set on our last bearish call (March 28, see chart below) and broke below Support 1 (February 13 Low) and the 1D MA100 (green trend-line): The price now faces more selling pressure being below two MA periods and with the long-term Channel Up (started on the October 13 2022 bottom), having considerable downside to give. As we mentioned on our March idea above, the most effective buy entry within this long-term pattern is when the 1D CCI makes the first Higher Low after having broken below the -100.00 oversold barrier. That is what happened on March 13 2023 and September 22 2023 (even though that sequence had one more Low to give). The most fascinating characteristic of both those corrective Legs was that they both declined by -9.25%. If Dow repeats this decline, we are looking at 36285, which is just above Support 2 but currently exactly where the 1D MA200 (orange trend-line) is. The latter is our main point of focus and assuming the index will give a dead-cat-bounce now towards th 1D MA50 (blue trend-line), we project that it may hit the 1D MA200 around 36900. If that coincides with a 1D CCI Higher Low, it will be in our opinion the most optimal buy entry for the next long-term Bullish Leg, targeting 41000. Note that the dead-cat-bounces on both previous Bearish Legs, never closed a 1D candle above the 0.618 Fibonacci retracement level, so that is the parameter that will keep the current correction valid. If we do get a 1D candle close above the 0.618 Fib, it will technically be a pattern invalidation and trend reversal upwards so we will buy the bullish break-out and Target 41000 regardless. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot12
Rising towards the upper trendline of the bearish channelDJIA (US30) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 37,672.13 1st Support: 37,164.30 1st Resistance: 38,025.73 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 ICmarkets1
Us30 sell profit Us30 order taken 24hrs ago already 200 pips profit given ... Now take one more or hold for more If again entry point touched take another order with sell side Shortby DNA_Trader_Officials0