Dow Jones Testing 46,760 – Bounce or Breakdown Ahead?Hey Traders, in today’s trading session we’re closely monitoring US30 for a buying opportunity around the 46,760 zone. The Dow Jones remains in a broader uptrend and is currently undergoing a correction phase, approaching a key support and resistance confluence at 46,760.
Market Structure:
The index continues to print higher highs and higher lows, confirming bullish market structure. The current retracement could offer a potential continuation setup if buyers regain control near this level.
Key Level:
46,760 — an important technical zone where trendline support meets horizontal structure, providing a potential reaction point for bulls.
Outlook:
If buying pressure emerges from this area, a move toward 47,400–47,600 could be on the table in the coming sessions.
💬 What’s your take on US30 here?
Do you see a bounce from support or a deeper pullback coming? Share your view in the comments!
Trade safe,
Joe.
Trade ideas
US30 Looking bearish trend a short-term ForecastThe US30 index has retested its recent highs, and a short-term pullback appears likely as the new trading week begins.
Technically, price action suggests that after reaching the top once again, the index may retrace to recover lost ground. Local investors are closely watching the midweek release of September economic data, which will provide further insight into the Federal Reserve’s potential interest rate path. Market participants largely anticipate a rate cut later this week, which could inject renewed volatility into equities.
The market opened with a gap, indicating possible short-term indecision If the gap is filled, a rejection from resistance could trigger a decline toward the support zone between 46,800 and 46,000 Sustained buying pressure above resistance would invalidate the bearish setup and could signal further upside momentum.
You may find more details in the chart.
Trade wisely best of Luck buddies.
Ps; Support with like and comments for better analysis Thanks for Supporting.
DJI (US30) SPOT TECHNICAL ANALYSIS 📊 DJI (US30) SPOT TECHNICAL ANALYSIS | Oct 27-31, 2025 | Intraday Swing Trading Blueprint 🚀
Current Price: 42,210.7 | Timeframe Focus: 5M, 15M, 30M, 1H, 4H & 1D ⏰
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔍 DAILY (1D) ANALYSIS - Swing Trade Framework
On the daily timeframe, DJI exhibits strong bullish momentum with price trading above key exponential moving averages (EMA 50 & 200). 📈 The Ichimoku Cloud shows bullish alignment with price above the cloud, indicating sustained uptrend. Elliott Wave analysis suggests we're in Wave 3 or Wave 5 of an impulse sequence.
Key Support: 41,800-42,000 | Key Resistance: 42,500-42,800
Bollinger Bands on 1D are expanding, confirming rising volatility . RSI hovers near 60-70 zone (approaching overbought but not critical). Volume profile shows accumulation phases at lower levels with distribution emerging at current price action. Dow Theory confirms higher highs and higher lows pattern intact. 💪
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚡ 4-HOUR (4H) SWING TRADE Setup - PRIMARY ENTRY SIGNAL
4H chart displays bullish breakout potential above 42,400 resistance. Harmonic Pattern analysis reveals potential Gartley reversal at support (41,950-42,050). RSI at 65 indicates strong momentum without extreme overbought conditions. 📊
Wyckoff Accumulation: Identified spring pattern suggesting buyers in control
VWAP Analysis: Price above VWAP = bullish bias maintained
Volume Breakout: Watch for volume spike above 42,400 for confirmation
Gann Theory Angle: 45° resistance level aligns with psychological 42,500 mark. Entry on breakout with stop loss at 42,050. Target: 42,650 for quick swing profits! 🎯
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 1-HOUR (1H) INTRADAY SCALP SETUP
Hourly timeframe shows consolidation within 42,100-42,300 range . Elliott Wave suggests completion of Wave 2 correction with Wave 3 breakout imminent. 💥 Bollinger Bands are contracting = volatility squeeze incoming!
RSI oscillates near 50 (neutral zone) - PERFECT setup for directional bias confirmation. Support holds at 42,150 (VWAP cluster). Resistance breakout at 42,350 triggers aggressive long entry.
Harmonic Pattern Recognition: Butterfly reversal pattern forming near support zone. Risk/Reward ratio: 1:3 on breakout trades! 📈
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⏱️ 30-MINUTE (30M) TACTICAL ENTRY GUIDE
30M timeframe is CRITICAL for entry timing ! Currently showing micro-consolidation with 3 candle reversal pattern forming. Ichimoku Cloud on 30M provides dynamic support around 42,200.
Watch for: Channel breakout above 42,280 for aggressive long setup
Simple Moving Average (SMA 20) acts as dynamic support. Exponential Moving Average (EMA 9) shows bearish crossover risk - key reversal indicator! ⚠️ RSI dip below 50 offers contrarian entry for counter-trend scalps.
Volume Spike Incoming: Wyckoff Distribution phase detected - anticipate volatility expansion into London/US session open! 🌍
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🚀 15-MINUTE (15M) MOMENTUM BREAKOUT SETUP
Perfect swing trade entry timeframe ! 15M displays textbook Elliott Wave 5-wave pattern completing. Price oscillating in 42,150-42,350 box. 📦
Bollinger Band Squeeze: Expansion breakout imminent this week
RSI Divergence: Bullish reversal divergence between last two lows
VWAP Bounce: Strong rejection from VWAP = trend resumption likely
Dow Theory Confirmation: Higher lows maintained perfectly. Harmonic Pattern (Gartley) completion nearing 42,050-42,100. Gann angles converge at 42,420 - MAJOR BREAKOUT ZONE! 🎯
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚡ 5-MINUTE (5M) ULTRA-SCALP ENTRIES - EXECUTION TIMING
5M chart = TRADE EXECUTION window ! Shows tight consolidation within 15 pips range (42,210-42,225). Japanese candlestick patterns reveal Doji + Hammer reversal formations. 🔨
Ichimoku Cloud on ultra-low timeframe provides micro S&R; levels. RSI oscillating 45-55 zone = prepare for directional breakout. Volume surge on breakout candle = GREEN LIGHT for entry! 💚
Bollinger Bands on 5M are at tightest compression - expect violent move incoming! Stop losses tight at 42,190 for risk management.
Target 1: 42,280 | Target 2: 42,350 | Target 3: 42,420
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📌 WEEKLY TRADING STRATEGY (Oct 27-31)
BULLISH BIAS DOMINATES across all timeframes! Wyckoff accumulation + Elliott Wave Wave 3 setup = explosive move likely. RSI proximity to overbought (not yet extremes) = continuation room.
Key Trading Rules:
Harmonic Pattern targets hit first = take 50% profits
Gann angles breached = add to position
VWAP rejection at support = reversal setup triggered
Volume confirmation on breakouts = only trade valid entries
Volatility Expected: Bollinger Band width expansion + options expiry week = 150-200 pips potential range! 🔥
Reversals Watch: Identifying overbought RSI extremes above 75 triggers pullback potential. Support zones (42,050-42,100) act as reversal pivots. Breakout failures at 42,500 = harmonic reversal zones activate.
Risk Management Critical: Use tight stops at 42,190. Take profits at Gann angles. Scale in using Wyckoff distribution signals. Ichimoku Cloud breakouts = strong follow-through probability.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 FINAL VERDICT: BUY breakout above 42,400 | HOLD through 42,500-42,650 targets | EXIT on harmonic reversal signals
#DJI #US30Spot #TechnicalAnalysis #ElliottWave #SwingTrading #IntraDayTrading #Harmonic #WyckoffMethod #TradingView #ForexAnalysis #StockMarket #CryptoCommunity #TradersOfTwitter #TechnicalAnalyst #BreakoutTrade #MomentumTrading #VolumeAnalysis #VWAP #BollingerBands #RSI #Ichimoku #GannTheory #DowTheory #TradingSignals #Oct2025 🚀📊💹
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Disclaimer: This analysis is educational only. Not financial advice. Always trade with proper risk management and your own analysis. Past performance ≠ future results. Trade at your own risk! ⚠️
Study the charts, confirm setups, and execute with precision! Happy trading! 🎯💰
Plan Your Stop Loss Before the Market Plans It for YouStop loss is not just a level on your chart, it’s your safety belt in trading. It’s what protects your capital when things don’t go in your favor.
Before you enter a trade, you should already know where your stop loss will be. It is less meaningful to decide it after you are in a trade because that’s where emotions take over.
Stoploss is not just a “feel comfortable" point, rather it is the place beyond which your whole idea goes wrong.
There are a few points that need to be focused before deciding your stoploss-
Support and Resistance
Open your trading time frame and go one step up.
Ex. if you trade on 5minute chart, go to 15minutes chart and if you trade on 1hour chart, go to 4hourly chart to identify support and resistance
Here are some clean step ups-
For day trade 1-5, 5-15, 15-60 (minutes)
For Swing trade 30-120, 60-240 (minutes)
For long term 1D-1W, 1W-1M
On the higher timeframe chart, identify important Support and resistance levels
Important support/resistance levels are those which have been tested multiple times or from where strong reactions have already been seen.
Identify the market direction
Up- Price making higher highs- higher lows
Down- Price making lower lows- lower highs formation
Sideways- Price trading in a tight range with no clear direction
If market is up- look for buying a pullback near support zones
If market is down- look for a selling a pullback near resistance zones
If market is sideways- buy near support and sell near resistance
Before you take your trade first know your risk in the trade
Identify the level beyond which your whole idea behind the trade goes wrong- this level is your stoploss
A stoploss could be below the support if you are looking to buy at support
Or this could be above resistance if you are looking to sell at resistance
Identify the next significant level- this is you target
The next resistance in case of long trade
Next support in case of short trade
Calculate if the distance from your entry and your target is more than the distance of your entry from the stoploss.
If it is more then, the reward-risk ratio is in your favor, and the idea is executable.
On the other hand, if the risk in a trade is more than the reward then the trade idea can be avoided.
Also decide your position size according to your stoploss
A wider stoploss means small position size so that you don't lose more than a fixed percentage per trade
A small stoploss means you can increase position size as you have more room to accommodate.
If you find that your stop has to be too wide to make sense, just don’t force the trade. Wait for a cleaner, tighter setup that fits your plan.
Deciding a stoploss is an essential part of your strategy. You might know all the candlestick patterns but without stoploss, they are more like tossing a coin.
Do you decide your stoploss beforehand or after taking a trade?
Tell me in the comment section.
US30 Eyes 46,600 Resistance as Correction Extends Within TrendHey Traders, in tomorrow’s trading session we are monitoring US30 for a potential selling opportunity around the 46,600 zone. The Dow Jones remains in a broader downtrend and is currently in a corrective phase, approaching a key resistance level aligned with the descending trendline.
Structure:
Price continues to form lower highs and lower lows, indicating persistent bearish momentum. The ongoing pullback toward 46,600 could offer a potential continuation setup in line with the prevailing downtrend.
Key level in focus:
46,600 — a significant resistance zone and trendline confluence area where sellers have previously regained control.
Fundamentals:
Market sentiment remains fragile as uncertainty over US fiscal policy and geopolitical risks weigh on risk assets, supporting potential downside pressure on the Dow.
Next move:
Watching for bearish confirmation signals near 46,600 — a rejection from this zone could open the door for a continuation toward recent lows.
Trade safe,
Joe.
Start Thinking Like a Trader – Not a Gambler.Most people don’t lose in trading because they lack knowledge — they lose because they think the wrong way.
They chase signals, follow the noise, and react emotionally to every candle. They trade out of fear when the market drops, and out of greed when it rises. They believe the next trade will finally make everything right.
But real trading doesn’t work like that.
A real trader knows: the market owes you nothing. Every trade carries uncertainty. You can’t control outcomes — only your decisions.
That’s why traders think in probabilities, not certainties. They understand that a single trade means nothing, but consistent execution over time means everything.
Professional traders don’t rely on luck.
They plan every move before entering:
-> They define their entry and exit.
-> They set a stop-loss to protect their capital.
-> They accept that losses are part of the business, not a reflection of their skill.
Risk control is the foundation — without it, even the best strategy will fail.
Because the goal is not to win every trade. The goal is to stay in the game long enough for your edge to play out.
Think like a trader:
-> Focus on the process, not just the result.
-> React to what you see, not what you feel.
-> Stay calm, even when the market tests your patience.
-> Be consistent, even when emotions push you off balance.
-> Keep learning — the best traders are lifelong students of the market.
Trading isn’t gambling. It’s a business built on discipline, strategy, and mindset.
And once you truly start thinking like a trader, you’ll realize: you don’t need to predict the market — you just need to prepare for it.
Thanks for reading, and have a great start to your trading week!
Let us know in the comments if you found this post valuable - and we might create a full series on applied trading psychology.
Jonas Lumpp
Speechless Trading
Disclaimer: This tutorial is for educational purposes only and does not constitute financial advice. Its goal is to help traders develop a professional mindset, improve risk management, and make more structured trading decisions.
The Great Reset In a modern equivalent of the 1929 stock market crash, a rapid and severe market collapse would be triggered by a combination of overleveraged speculation, inflated tech valuations, and sudden shifts in global monetary policy. Within days, trillions in market value could vanish as algorithmic trading amplifies the sell-off, investor panic spreads through social media, and liquidity dries up. Major financial institutions could face insolvency risks, prompting emergency interventions from central banks and triggering a global recession reminiscent of the Great Depression—now unfolding at digital speed.
DOW JONES eyes two Bullish Targets before the end of the year.Dow Jones (DJI) has been trading within a 5-month Channel Up and is currently on its new Bullish Leg following the October 10 bounce on its 1D MA50 (blue trend-line).
As you can see, there is a high degree of symmetry between both the Bearish and Bullish Legs within this pattern and if that continues to hold, the immediate Target of the current Bullish Leg is the 1.382 Fibonacci extension at 47700, which we've already mentioned on our previous analysis.
This time however, we also set a second Target towards the end of the year, being a +7.50% rise (standard Leg as you can see) from the bottom at 48500. Both Targets would make ideal technical Higher Highs for the Channel Up.
Notice also how the October 10 bounce took place also on the 1D RSI's Lower Lows trend-line. An additional indication of a strong support for the long-term bullish trend.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
DOW JONES INDEX (US30): Bullish Continuation Confirmed
US30 index violated a major horizontal resistance yesterday.
The price started a correctional movement then, steadily
falling within a bullish flag pattern.
A breakout of its resistance line is a strong bullish signal.
Odds will be high, the index will hit 46900 level soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US30By the end of the week, a minor upward movement is expected in the index to form the second high node, after which, to complete the current upward cycle, the price will decline to levels around 45,600. This is a personal analysis, and naturally, the responsibility for any trading decisions rests solely with the individual.
US 30 UpdateNext move on the way, focus on proper risk management & stay discipline. Wishing you successful trades..!
Key Reason:
1. Market structure was bullish.
2. H1 support area fresh and unmitigated.
3. Hidden OB formation.
4. Wait for retracement and confirmation.
This is not a financial advise take it with your own risk. Let's see how it will work.
DOW JONES bounced at the bottom of the Channel Up. Buy signal.Dow Jones (DJI) has been trading within a 3-month Channel Up, with last Friday's flash crash breaching marginally below its 1D MA50 (red trend-line). That touched the bottom of the pattern and is technically a Higher Low, identical to the what the previous Bearish Leg did on the August 01 Low.
As you can see both Legs declined by -4.00% with their 4H RSIs touching the -20.00 level and rebounded. That is a technical Buy Signal, the strongest you can get within this Channel Up, and as long as the pattern's bottom holds, we expect another rise to the 1.382 Fibonacci extension (Our Target is 47700), similar to August's Bullish Leg.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Dow Gains on Earnings Optimism and Shutdown Resolution Hopes.Fundamental approach:
- The Dow Jones index advanced this week, supported by strong corporate earnings optimism and hopes for a government shutdown resolution.
- Major earnings reports from technology companies may lead the gains, with IBM scheduled to report Q3 earnings on Wed, 22 Oct, with expectations for AI-driven growth. Additionally, 3M (MMM) is scheduled to report Q3 earnings on Tue, 21 Oct, before market open.
- Fed Governor Christopher Waller provided a dovish signal, noting inflation was "not a barrier to rate cuts."
- This sentiment pushed US Treasury yields lower, with the 10-year note falling below 4.00%, offering support to equities amid the data uncertainty.
- Investors also focused on the potential end to the federal government shutdown, which has created data blackouts for key economic releases, with National Economic Council Director Kevin Hassett indicating the shutdown could end this week.
Technical approach:
- US30 is testing the previous all-time high at around 47000. The index is above both EMAs, indicating a strong bullish movement.
- If US30 breaches above 47000, the index may advance to test 127.20% Fibonacci Extension at 47590.
- On the contrary, staying below EMA21 may prompt US30 to retest the support at 45700.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
US30 | Correction Continues Below PivotUS30 – Overview | Bearish Correction Toward 46,000
US30 is showing a bearish correction, with price expected to retest the 46,140–46,000 zone before any potential rebound.
If the index closes below 46,000 (1H), it may extend losses toward 45,680 → 45,470.
Technical View
A 1H close above 46,560 would shift momentum bullish, targeting 46,820 → 47,000.
Pivot: 46,410
Bias: Bearish below 46,400
US30 (15M - 1M Daily Setup) - Bearish Bias US30 (15M - 1M Daily Setup) - Bearish Bias 📉
Price is consolidating under key resistance, forming lower highs. I’m watching 46,400 as the make-or-break level.
✅ Plan:
1️⃣ Consolidation phase complete
2️⃣ Looking for a clean break below 46,400
3️⃣ Retest → possible short entry
4️⃣ Target zones:
• TP1 → 46,200
• TP2 → 46,000
• TP3 → 45,800
📍 Bias stays bearish as long as price remains below 46,850 – 47,000.
Let’s see if the breakdown plays out. 👀
24-10-2025 Intraday Plan (CPI + NY Open Scenario) – US30 5M/1M💬 Intraday Plan (CPI + NY Open Scenario) – US30 5M/1M
📍 Bias remains bullish above 46,700 (structure still forming higher lows).
📍 Expecting CPI at 13:30 to create a liquidity grab — ideally sweeping lows into the ascending trendline/support.
📍 After CPI spike settles, looking for a NY Open breakout above 46,850 (key resistance).
📍 If we get a break + retest of 46,850, I’ll look for long entries targeting:
✅ TP1: 47,000
✅ TP2: 47,100
✅ TP3: 47,200 (liquidity extension)
❌ If CPI breaks below 46,700 and fails to recover, I’ll reassess for a bearish scenario.
🕒 No trades during initial CPI spike – waiting for structure confirmation post-news & into NY session.
📌 Plan: CPI grab → NY breakout → retest entry → continuation.
US30 ForecastUS30 Industrial Average Index shows a strong bullish recovery toward the 47,000 level, where price is currently testing a major resistance zone. The projection suggests a potential short-term consolidation or double-top formation around this area, followed by a bearish retracement toward the 46,400 and 46,000 support zones. These key levels may act as demand areas for a possible rebound if the correction unfolds as anticipated.
"Thank you for your support! If you found this idea valuable or learned something new, please consider liking and leaving a comment. I’d really appreciate hearing your feedback and thoughts."






















