DOW JONES BearsPrice action from yesterday"s NY session saw a huge bull rush in the markets. A break is oout from the up trend and looking to short towards the low. Shortby J_Ngatia6
US30 Will Go Higher! Long! Here is our detailed technical review for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 38,672.5. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 39,721.8 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider117
Dow Jones Bull Market Cycle 154,000 By Year 2042After going over the Log chart of the monthly on Dow Jones, I have noticed some eerily patterns. Each bull run at the low after the bear market from the next high of the next bear market has ALL been exactly 396 months each. Each bull run has also been about a 2,200% gain from its low. Using just these two data points projected, I have gotten 154,000 as the price point and the year 2042 as the top of the next bear market At 39,000 price right now and the year 2024, that gives us another 115,000 points and 18 years left of upside bullishness in this run. One thing I have also noticed is the bear markets are getting shorter and shorter in length. First Bear 1929 we had a V top Second Bear 1965-1982 we had a 5 top Third Bear 2000-2009 we had a double top Fourth Bear 2042-2050ish, what will we have then? Another V top like 1929 to celebrate over 100 years of that crash.Longby travis18haneyUpdated 4
US30: Elliott Wave AnalysisDetails: Wave 2 purple (Cycle Degree) has been completed at 38019.06 as Running Flat and get ready to move up to Wave 3 (Cycle Degree). Now price has been completed Wave 1 blue (Intermediate Degree) as Leading Diagonal and declined to Wave 2 blue as the expect target at Fibonacci Level (0.50-0.786) Invalidation Point: 38019.06 Trading Opportunity: Wait for Wave 2 blue (Intermediate Degree) complete as the expect target above mentions.by tadchai5
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 38.160 to 38.100, respectively, is highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 38.160-18.100, serving as a low-risk buy. Bullish Targets📈: 38.300: Possible retracement area. 38.550: Possible retracement area. 38.800: Possible retracement area. 39.030: Significant supply zone. Ultimate Target: 39.130- Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby TTradessss6
US30 SELLThe market is currently testing the current structure on the daily TF. Based on price action , the market is forming a reversal chart pattern on the 4HR TF. We could see sellers coming in strong should the current level hold at the FIB Level Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Shortby WiLLProsperForex5
US30Looks like a good selling opportunity on US30. entries placed, let see how this plays out. low risk trading.Shortby Ntshingila15
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Trade Update: US30 We have some great news on our recent US30 trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this, we moved our stop loss to breakeven to ensure no loss on the remaining position. This strategy not only protects our capital but also gives us the opportunity to capture further potential gains with zero risk on the table and cashing out on TP2s and TP3s. Stay tuned for more updates and happy trading! 🚀by TTradessss6
US30 (Consolidation Zone )Technical Analysis The price is expected to consolidate between 38,790 and 38,580 until a breakout occurs. The bullish pressure remains, especially if the price can break above 38,790, indicating a move towards 39,050. Bullish Scenario: Stability above 38,790 will initiate a bullish trend, targeting 39,050. Breaking this level could lead to further gains, reaching up to 39,350. Bearish Scenario: If the price breaks below the support level at 38,580, it could decline to 38,400. Sustained trading below this level may result in a further drop to 38,050. Key Levels: - Pivot Line: 38,790 - Resistance Levels: 39,050, 39,350, 39,700 - Support Levels: 38,580, 38,400, 38,290 Today's Expected Range: The price is expected to move between the support level at 38,580 and the resistance level at 39,050. by SroshMayi5
US30 ANALYSIS (LONG) [W/B 10/06]US30 has been quite bullish recently. I believe that it will look to reach the supply zone of around 39270. Price will reach the most recent demand zone first before looking to go bullish towards supply. Good luck!ULongby saintprincevvs114
US 30 Weekly I have Two Scenarios Above , Market can head down to 37423.95 after trendline violation and test it before breaking out to head upwards to set a New Record High or it could break below 37423.95 and retest that area before heading to 35468.64 🤔Shortby FaadielAyob4
Dow Jones US30 - Lets attack ATH again!Hi Again, Today I am sharing opportunity for long positions just before much anticipated FOMC meeting tonight. Call it a risky trade, but if longing US30 now is risky, what the hell are currencies, gold and especially, NASDAQ and SPX doing ?? The plan is to attack 39700 area and break ATH. Who said 40000 Dow Jones is the limit? Stop loss up to you. Safe stop loss is in 38400 area and lower due to nature of this structure they built. Long now and lets talk tomorrow :) Good luck and play safe!Longby eZ_Real4
check the trend The uptrend is expected to continue up to the specified resistance range. Then a trend change is expected. If the price crosses the red resistance zone, the downward trend will be canceledby STPFOREX3
Dow Jones buyUs30 buy side momentum continuation overall structure represents long side Lets move buy side 🤪 Trail SL every 30 pips 1:2 RRLongby DNA_Trader_Officials2
US30: First red day, on the backside moveHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 ✅ day 2 cycle Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, intraday scalp LOD to CP, if the 3 session setup asia, London and NY create a dump and pump scenario. Short: primary, first red day, backside, this market now potentially can complete the weekly pump and dump and also the bigger template of two weeks. Looking for a pullback continuation short after 9:30am NYT (equity opening) Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 4
US30 Dow Jones Technical Analysis and Trade IdeaThe US30 Dow Jones index is currently exhibiting a range-bound behavior on the four-hour time frame. Essentially, it has been oscillating within a specific price range. Now, the interesting part is that this range-bound condition opens up potential trading opportunities in either direction. The movement of the US30 is closely tied to the strength of the US dollar (represented by the DXY index). Here’s how it breaks down: If the US dollar gains further strength, we might witness a bearish move in the Dow Jones. Conversely, if the US dollar retraces significantly (especially considering its current overextended bullish state), strength could flow back into the US30. Our primary focus right now is on a breakout from this range. Keep an eye on two critical levels: High of the Range: A decisive break above the upper boundary of the range could signal a bullish move. Low of the Range: Conversely, a breakdown below the lower boundary might trigger a bearish move. Remember, this analysis serves informational purposes only. As a trader, always make independent decisions based on your risk management strategy. Happy trading! 🚀📈 And, of course, keep in mind that this content does not constitute financial advice. 🛡️🌟06:24by tradingwithanthony3
US30Key Observations: 1. Moving Averages (200 MA and 50 MA): • 200 MA (Blue Line): The price is currently near the 200 MA, which could act as dynamic support or resistance. • 50 MA (Yellow Line): The price is slightly above the 50 MA, indicating a short-term bullish trend. 2. Relative Strength Index (RSI): • The RSI is around the 50 level, indicating neutral conditions. This suggests that the market could move in either direction from this point. 3. MACD (Moving Average Convergence Divergence): • The MACD line is above the signal line, but the histogram shows decreasing bullish momentum. This indicates a potential slowdown in the uptrend. 4. Bollinger Bands: • The price is near the upper Bollinger Band, indicating that it might be overbought. This often suggests a potential pullback to the middle band (20 MA) or lower band. 5. Fibonacci Retracement Levels: • 0.236 (39,026.2), 0.382 (38,783.9), 0.5 (38,641.1), 0.618 (38,498.3), 0.786 (38,282.5): • The price is near the 0.236 Fibonacci level (39,026.2), which could act as resistance. The other levels serve as potential support if the price retraces. 6. ATR (Average True Range): • The ATR indicates moderate volatility. This suggests that while there might be significant price movements, they are not extreme. Comprehensive Technical Analysis: 1. Current Trend: • The short-term trend is slightly bullish as indicated by the price above the 50 MA. However, the proximity to the 200 MA suggests caution as the overall trend could be neutral to bearish if the price fails to sustain above the 200 MA. 2. Neutral RSI: • The RSI around 50 indicates no strong momentum in either direction, suggesting potential consolidation or a balanced market. 3. Key Support and Resistance Levels: • Resistance: 0.236 Fibonacci level (39,026.2) and potentially the upper Bollinger Band. • Support: 0.382 Fibonacci level (38,783.9), 0.5 Fibonacci level (38,641.1), and 0.618 Fibonacci level (38,498.3). 4. Momentum Analysis: • The MACD indicates bullish momentum, but the decreasing histogram suggests a potential weakening. This requires monitoring for signs of a bearish crossover. Potential Buy and Sell Levels: Buy Levels: 1. Support at 0.382 Fibonacci Level (38,783.9): • If the price finds support around this level and shows bullish reversal signals, consider entering a buy position. • Buy Level: 38,783.9 • Stop Loss: Below 38,700.0 (just below the support level to avoid false breaks) • Take Profit: First target at 39,026.2 (0.236 Fibonacci level) and second target at 39,200.0 (previous swing high) 2. Lower Bollinger Band Area: • Consider buying near the lower Bollinger Band for a short-term rebound. • Buy Level: Around 38,600.0 (if the lower Bollinger Band is around this level) • Stop Loss: Below 38,500.0 (to account for potential volatility) • Take Profit: Middle Bollinger Band (approximately 38,900.0) Sell Levels: 1. Resistance at 0.236 Fibonacci Level (39,026.2): • If the price rebounds to this level and faces resistance, consider entering a sell position. • Sell Level: 39,026.2 • Stop Loss: Above 39,100.0 (just above the resistance level) • Take Profit: First target at 38,783.9 (0.382 Fibonacci level) and second target at 38,641.1 (0.5 Fibonacci level) 2. Middle Bollinger Band Area: • If the price fails to sustain above the middle Bollinger Band, consider entering a sell position. • Sell Level: Around 38,850.0 (if the middle Bollinger Band is around this level) • Stop Loss: Above 38,950.0 (just above the middle Bollinger Band) • Take Profit: First target at 38,600.0 (lower Bollinger Band) and second target at 38,500.0 Summary: • Buy Levels: • 38,783.9 (with stop loss below 38,700.0 and take profit at 39,026.2 and 39,200.0) • Around 38,600.0 (with stop loss below 38,500.0 and take profit at 38,900.0) • Sell Levels: • 39,026.2 (with stop loss above 39,100.0 and take profit at 38,783.9 and 38,641.1) • Around 38,850.0 (with stop loss above 38,950.0 and take profit at 38,600.0 and 38,500.0)by KironKavanagh2
US 30 Sell idea.US30- Dow Jones. As per my analysis. its seems US30 is going to mitigate FVG residing around 37000-36500 region and from there it could be potential longs.Shortby HamzaGillani3
US30 (Sensitive movements)Technical Analysis The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations. There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050. Bearish Scenario: If the price breaks below the support level at 38790, it could decline to 38580. Sustained trading below this level may lead to a further drop to 38400. Bullish Scenario: Stability above 38,790 indicates a potential bullish trend, targeting 39,050. Pivot Line: 38790 Resistance Levels: 39050, 39350, 39700 Support Levels: 38580, 38400, 38290 Today's expected movement range is between the support level at 38400 and the resistance level at 39350 Summary: Downtrend Expected: Market influenced by NFP and Unemployment rates. Potential Retest: Price may rise to 38,790. Upward Movement : Post-retest, the price could push up to 39,050. previous idea: Shortby SroshMayi3
Just an ideaJust an idea. Will wait for a market structure shift and a fill of that displacement towards the upside of the market.ULongby RosebudzzUpdated 3
DOW JONES INDEX│ US30 │ PRE-CPI ANALYSIS │ 11 JUNE 2024 - Daily timeframe Finding it very difficult to build a solid bias if I am honest. North of current price action, lies imbalance in the form of fair value gaps and south of current price action resides a ton of clearly visible lows where sell side liquidity is accumulated. - Bullish Scenario A case can be made for bullish price action on the basis that we just retraced after taking old high liquidity, as annotated on this chart - Bearish Scenario A case can also be made for bearish price action when taking into consideration the delivery from the old high all the way to current price action. But if you look close enough you will realize we are just in an expanded range. My solution in times like this is to just trade what the session/day is doing, not holding trades over an extended period. - Four-hour timeframe We tapped into a bullish fair value gap and also took out some sell side liquidity along with it so this bullish price action we are seeing now is to be expected. - 15-minute timeframe Testament to what you are seeing on the current four candle is the 15-minute bos/choch whatever you want to label it as. We also took out the sell side liquidity from the Asian range so it only makes sense that we at least head for the buy side liquidity, which coincidently is also relative equal highs ©FonosFx, 2024. by Austin_Palmer2
Very Uppity US 30 Gets Support from S&R Zone Price Action Analysis: Daily Timeframe Market Bias - Bullish Market Bias 1. After the Morning Star formed atop of the Support & Resistance Zone, price action rallied from it, then went into immediate, tight consolidation. 2. An Inside Day indicated a pause to contain the consolidation within its high at 38,818 and low at 38,214. Breakout is from one of these ends. 3. A Shooting Star showed up at the high level of the Inside Day for price action to drop with a Hammer, and through consolidation, to form a new S&R Zone and another Inside Day. Prediction: Price action is likely to rise from the S&R Zone to break out of the Inside Day's high at 39,114 and head towards the Swing High of 40,054. A W-Shaped pattern is forming.Longby beyond502
US30My View on US with the current news forecast. Tomorrow might be a great pump after seeing some accumulation on 1H time frameLongby randybrigittaUpdated 3