US30 HAS DONE IT AS ALWAYS US30 for 3 weeks now has been playing along in favor of my analysis, and as always, I know my analysis is always accurate despite the news events.Longby Themba_PM112
U.S. dies by financial repression, then hyperinflationA 5th wave can extend into 9 waves as per my conjecture. I will follow-up in the updates posited plausible crash scenario for early 2024 which is difficult to see on this chart if not zoomed in. DJIA charted from 1789 inception . It’s plausible that Robert Prechter’s Elliot Wave (EW) count for the DJI (c.f. direct link to the chart ) might be correct to the extent of per my observation (of a repeating fractal) that the 2020 flash crash was a repeat of the 1987 flash crash, thus the top of looming major degree wave V (aka 5) could be in ~2032. Prechter’s charted expectation for a top in 2023 (or even those that think 2025 will be a top) are likely incorrect. I will elaborate my reasoning in follow-ups, including explicating Martin Armstrong’s 37⅓ year and his other cycles. Glenn Neely (creator of Neowave ) presented his thesis in 1988 (c.f. video follow-up in 1995 and in 2022 ) for an extended major wave V (which he refers to as Super Cycle major degree wave 3) terminating between 2020 to 2060. Ostensibly Neowave’s main claimed “innovation” over orthodox EW is the ‘ neutral triangle ’ (c.f. also ) which attempts to explain some motive 5-wave counts that increase in price as corrective in structure (i.e. potentially overlapping instead of strictly impulsive ) such that the ending E wave is a down wave in price (c.f. 2022 video). My impression so far is his methods do not help to explain anything. However, I did appreciate from his 1988 paper the points that this extended 5th wave posited to be underway since 1929 is likely duplicating the structure of the 3rd wave (he refers to as SuperCycle wave II). His assertion (based on his conjecture that DJIA commenced 1765 not 1789) that his Cycle I is 61.8% of his SuperCycle reminds me that my posited 5th wave extension (~142 years, 1932 to 2074) is ~1.618 duration of my 3rd wave (87 years, ~1842 to 1929) and equal the entire duration from 1789 inception to 1929 or 1932 termination.Longby shelby3Updated 616170
Change the trend It is expected that the current upward trend will end at the resistance levels and we will see the beginning of the corrective trend. Otherwise, the movement process will continue according to the blue color path Shortby STPFOREX336
Trend is your friendweekly Ascending channel. bullish overall trend. impulse correction impulse structureLongby SizweSync110
US30USD IndexThis chart of US30USD index is a Bearish Harmonic Reversal Pattern and there is Divergence also and after reaching the D point .It will be Bearish pattern . Longby Azeem2080
US30 Dow Jones Technical Analysis and Trade IdeaThe US30 Dow Jones index has exhibited a robust bullish trend recently. However, we now observe that the index is approaching a significant resistance level on both the weekly and daily charts. Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or weakness. Given these factors, we are considering a short opportunity. It’s essential to manage risk diligently, as trading always carries inherent risks. Remember that this information is for educational purposes only and should not be construed as financial advice. 📈👍09:47by tradingwithanthonyUpdated 7
New idea about dow jonesIt’s good for scalping,it might go more up and that zone can continue to more uptrend good luck for everyone Longby hamapro1
US30 H4 and H1 Long targetsIm bullish for now on US30 and I suggest you hold longs for the areas shown on the charts. and if you day trade look for longs.Longby deadparkcityUpdated 0
Us30 buy setupWall street performed what we call AMD. We have price create weekly range (Accumulation). We had price spike below zone with failure to close and reversing to break Structure with momentum candle. An order block was formed along with some imbalance upon close of 3rd candle. We might anticipate this buy setup because of the CPI data release. Remember that NFP WAS NEGATIVE FOR THE DOLLAR IN APRIL. Upon analysis of market structure of Us30. The above high is actually a swing target from the last demand mitigation more than it being a good trading zone. IT IS WHAT WE CALL EXTERNAL LIQUIDITY. Our 1st target is the high of range. 2nd is the fvg on 4hr before suply zone. And the last one is the last swing high of the price. GoodluckLongby ZIPHO672
Us30 buy setupWall street performed what we call AMD. We have price create weekly range (Accumulation). We had price spike below zone with failure to close and reversing to break Structure with momentum candle. An order block was formed along with some imbalance upon close of 3rd candle. We might anticipate this buy setup because of the CPI data release. Remember that NFP WAS NEGATIVE FOR THE DOLLAR IN APRIL. Upon analysis of market structure of Us30. The above high is actually a swing target from the last demand mitigation more than it being a good trading zone. IT IS WHAT WE CALL EXTERNAL LIQUIDITY. Our 1st target is the high of range. 2nd is the fvg on 4hr before suply zone. And the last one is the last swing high of the price. GoodluckLongby ZIPHO670
US30 2DAY SWINGThe Market has been trending and Dax has been a relative strength leader Daily: Formation of 1-2 RTM set Up Lows Rejected and expecting Continuation in the afternoon as its currently Lagging Indices Buys at the current SupportLongby Jeremiah_Capital4418
DOW JONES: Two levels to buy.Dow Jones is bullish on its 1D technical outlook (RSI = 62.964, MACD = 188.520, ADX = 55.476) and has completed three green 1W candles in a row. Having reached the 0.786 Fibonacci level, the last confirmation left to see in order to call for a continuation of this uptrend is for the 1W RSI to cross over its MA. The moment it does, we will buy again and target the Channel's top (TP = 42,000). Until that moment, we will wait for a more comfortable buy lower at 38,550 (TP = 42,000 again). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope6
US30 Intra-Week Analysis, May 14th 2024We got the break above 39000 on us30. We've now begun consolidating at key level 39500, slightly under the current All-Time-High. We will likely see buyers try to squeeze as much profit as possible so expect a bullish move to test the ATH, specifically if we see a break above 39600, clearing the range to 40000. Otherwise, if price breaks below 39400 we could see a slight correction back 39000 before continued buys.by Itskaleel1
US30 Midnight LongLooks like US30 is bouncing off the midnight open line and will continue in its bullish pattern. Good opportunity for going long Longby parislawUpdated 0
US30 Buy Swing Expecting price to reach the next figure level from this point, with the entry area being a strong support.ULongby newsy112
US30 (Volatility is expected to ensue.)US30 New Forecast Today's significant news has triggered substantial volatility in the market, making it conceivable for prices to surge as high as 39670. Should prices stabilize above this level, we can anticipate an ascent to 39850. Conversely, should prices consolidate below 39410, a decline is expected, with potential targets at 39070 and 38280. This movement is directly influenced by the immediate impact of current news events on the market. Pivot line: 39470 Resistance Prices: 39660, 39850, 39970 Support Prices: 39290, 39075, 38820 The movement range will be between support 39070 and Resistance 39855UShortby SroshMayi3
US30 - TUE 14 MAY 24 TRADE SETUPAMD SETUP Price Manipulation to the upside The market is likely to deliver to the downside Target 2R for distribution 15:30 - Core PPI m/m - PPI m/m 17:00 - Fed Chair Powell SpeaksShortby karenzialvin6
Dow Jones Index (US30): Bullish Price Action Ahead of The News In 1 hour, we are expecting US PPI report. Ahead of the release of that data, I see a bullish price action on US30. After a test of an intraday support, the Index started quite a long correction within a narrow horizontal range. Its resistance was broken with a strong bullish candle, indicating the strength of the buyers. The market may bounce. Goal - 39600 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader223
US30We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half tradeby hindaljasserUpdated 0
NEW IDEA FOR DOWJONES Powell's reference to not increasing interest rates increases risk-taking By examining the trend in the four-hour time frame, the Dow Jones index has broken the resistance range of the ceiling of the ascending channel in the range of 39,438-39,314, and now, due to the increase in the moving averages of the ALLIGATOR indicator, the possibility of price increase up to the resistance of the ceiling of the ascending channel in the range 40789, there are.Longby arongroups5
DJIA H4 | Potential pullback opportunityDJIA (US30) could fall towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 39,065.38 which is an overlap support. Stop loss is at 38,500.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at 39,598.96 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:12by FXCM111
US30 to Daily Resistance *I am in no way a financial advisor and this post is not advice. This post is only opinion based off major support and resistance levels & market structure. Us30 is currently traveling towards the high within daily resistance area. While price is resting on support we have positioned ourselves for a buy with stop loss right below structure of pattern on the other side of support and take profit is either at the top of last pull back(39,674)or daily resistance level (40,000). It’s always best to risk only 3-5% of account per trade. Longby l2xinvestors112
DOW JONES made 1st 4H Golden Cross in 6 months!Dow Jones (DJI) gave us a solid bullish break-out signal after it broke out above its 1D MA50 last week (May 06, see chart below): As you can see this gave way to a new Channel Up, which we view on the current analysis on the 4H time-frame. That is because on Friday it formed the first 4H Golden Cross in 6 months (since November 08 2023)! This is on its own a very strong bullish signal but it gets even stronger if we consider the fact that the last 4H Golden Cross was formed while the index was in a similar pattern, recovering from August - October correction. Dow then entered a very aggressive uptrend/ Channel Up that never broke even its 4H MA50 (blue trend-line) before January. As a result, we move our short-term Target even higher, on a symmetrical +3.45% Bullish Leg at 40300, which will be a new All Time High (ATH) for the index. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot8