DJI rallyat least a relief rally to 50% of the move down is expected for many reasons: - weekly demand -pivot point -opening wedge -no retracement of at least 50% from the topLongby John_8-580
DOW JONES 30 │ US30 │ WEEKLY OUTLOOK │BULL TRAPDOW JONES 30 │ US30 │ WEEKLY OUTLOOK Daily-timeframe Much like the four-hour timeframe, this timeframe is bearish and tapped into a strong demand. It may reach higher into the supply zone above current price. However do not be fooled into buying, the wick is left behind is too enticing for stop/sell orders the market would definitely like to reach below that area and we have an untested area of support as well as an unmitigated fvg just below it. Daily timeframe As seen in the chart below, not even the crash in 2020 could hold price below the 2018 highs. Four-hour timeframe With a clear downtrend in place, price tapped into a demand zone and reacted by driving price up 870+ pips just reaching above structure highs for liquidity and closing below it. Fifteen-minute We took liquidity and changed character but this is not near enough to short, we have to wait for a break of fifteen-minute structure higher lows to consider going short Final Thoughts The stock market has been overextended and a correction is only right. Do not buy until you see that huge area of support tested and it holds. UShortby Austin_Palmer1
US30 (DOW JONES) LONG IDEAUS30 is at an area where it re-accumulated in the past, at this point she has taken out a solid chunk of buyers and could be ready for takeoff, at least a pull back off this area is imminent. With the War scare, which in my opinion is just a fugazi for them to rush sellers into the market so they can fill their buy orders but if it intensifies we may see us30 push lower to test monthly SC area @34200 - 33500. Longby TENFIGURETRADERUpdated 2215
ZYLOSTAR is predicting downtrend of Dow zones will continueUS 30H chart at resistance of downtrending channal Shortby ZYLOSTAR_strategy6
❌sharp divergence❌A very sharp divergence has formed in the daily time frame. I said before, we need to see a deeper correction.UShortby AbedEkhlaspoorUpdated 4
‼️ stop buy us30 ‼️ A decline will happen soon in this zone ! The Wall Street index is in an extremely overbought zone and in an extreme divergenceUShortby AbedEkhlaspoorUpdated 7
US30: Bulls Eye Further Gains as Critical Resistance Looms 📈💼Hello traders what do you think about US30 give your suggestions in comment.. As the US30 inches towards the critical resistance level at 38,068, traders are on high alert. A successful breach of this threshold could fuel the ongoing bullish trend, propelling the index towards the next target at 38,380. Conversely, should the price stabilize below 37,996, market sentiment may shift, prompting a potential retest towards the support level at 37,780. A breakdown below this support level would likely intensify the bearish momentum, potentially driving the index down to 37,200. These pivotal levels serve as key indicators for traders navigating the current market landscape. 📈💼🔍 If you like this analyse please support my work like and follow thanks for Love..Shortby MrCharlie1Updated 2238
US30 in support zonePEPPERSTONE:US30 It may go down a little further, but it is now in the support zone. Looking for a swing trade here to about the 61.8% Fibonacci Retracement. RSI is oversold.Longby Raul_DominguezUpdated 1
US30 Rejects Key Price Level For The 3rd Time This WeekPrevious 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. Current Analysis: With US30 decreasing, then returning filling the recently formed FVG Fair Value Gap formed at or around the following price value range: $37,975 - $37,830 rejecting it for the third time this week. I need to see price demonstrate that it still will remain BEARISH. As it stands currently price is performing as previously analyzed. "HAPPY TRADING!" Have a great weekend. 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 Peni2Dollarz0
US30 on WeeklyChart explains itself overall honestly, as price is follow an uptrend structure on the higher timeframe, making higher highs & lows. Price was due for a correction, & that may be coming to an end soon, as price is approaching the previous all time highs in January of 2022, to form a new higher low & retest previous resigtance as new support, where buyers may enter back into the market again to push price into the impulsive stage of the uptrend & move higher again. Longby Profound_AmbitionUpdated 3
US 30 Potentiial Reversal or Retracement Trend = Short term downtrend 2 Hourly Price divergence Liquidity Range formation Price has grabbed liquidity beneath Waiting for a breakout above the range for possible entry !!Uby upp20201
Dow Dow. Will be bearish below 37763 Stop loss 37783 (20 points ) And bearish Target 1. 37667 and more bearish below 37667 2. 37390 Dow will bullish above 37763 Stop loss 37743 ( 20 points) And bullish Target 1. 38094 And more bullish 38094 2 38204 In whole process 1 and 2 sl can hit but risk reward is very high so we should try Keep simple by Laxmi070120200
US30DAILY We had the touch we needed, and were triggered in quite early. SL moved and stopped out. The risk entry paid off, the reduced risk also paid off. Low test candle close to our support, it's to add to our current knowledge not direct triggers to take trades. 4H Last 3 bullish candles seem to give headroom to the reversal conversation but till there's more bullish pressure or final rejection on the support - not doing anything. 1H Squeezing wedge in a bearish trend means we will get the squeeze and expect an impulse.Shortby Mhangwane12
If the DJI rhymes with the BIST 100 then this is itThe road to hyperinflation within 3 years from now. Make sure you have physical gold imo. Just seeing your stocks go up 100.000% might not turn to real purchasing power as you cannot sell it to paper. With Gold you can exchange it for a house or something.by realSatoshiNakamoto3
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