Hello Everyone, If the daily support level fails to hold, there's a possibility that US30 might test its weekly support. Nonetheless, the long-term trend continues to favor a bullish outlook. TradeWithTheTrend3344
Dow Jones New Forecast The price moved as our previous idea and reached our target perfectly. The price of DowJones has a bullish pressure, so it will start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation of a bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot...
There is a possibility of risk reduction in stock indices including Dow Jones By examining the trend in the four-hour time frame, the Dow Jones index is approaching the resistance range of the ceiling of the ascending channel in the range of 39154-39070, and therefore, this scenario is strengthened, provided that no close candle time is recorded. For four hours...
- Price built liquidity above 38600/39000 and we still see unmitigated order block at 39200 level. - As you see on the charts price already retested the last bullish move mitigating the bullish order block at 37800. * Closing above 37900 could be a first confirmation.
Elliot's wave count confirms directs with Moving average serving as resistance for bears. USD strength means stock bearish
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US30 AGAIN BULLISH! 📚 👉 As we can see price is trading inside this channel now, making clean higher highs and higher lows. 📚 👉Moreover, price is approaching our upper supply zone, lining up with our upper bound of the...
U.S. stock index futures rose on Monday, signaling potential further gains on Wall Street amid increased anticipation of a Federal Reserve interest rate cut later this year. After a tumultuous April, U.S. stock indexes seem to have found stable ground, buoyed by an unexpectedly strong first-quarter earnings season and optimism over potential easing in U.S....
The US30 appears to be stabilizing at its current price level, which could be indicative of a potential uptrend in the near term. There is an expectation that it may rise to test resistance levels between 430 and 450. Should it reach this range, it would be a prudent point to consider closing any existing buy trades. Disclaimer Please note that this analysis is...
Dear colleagues, I believe that the impulse of the senior wave “1” is not yet over. I assume that the correction is now in priority, so 2 variants of events are possible: 1) formation of lower wave “4” and “5” (39863.75), then correction with the aim to reach the area of 38566.67; 2) The correction will start soon without a new high, but in this case we will have...
Dow Jones (US30) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 38563.21 1st Support: 37878.01 1st Resistance: 39310.22 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...
Dow Jones formed a huge double bottom pattern on a daily, after a quite extended correctional movement from all-time high. The price turned very bullish on Friday after the release of US fundamentals. The Index broke a solid horizontal resistance. The market may start a bullish rally now. Target - 39000 ❤️Please, support my work with like, thank you!❤️
The US30 index is exhibiting bullish momentum following a break above key resistance levels. This surge is fueled by recent developments highlighted in an article discussing Federal Reserve Chair Jay Powell's measured response to escalating inflation. Unlike previous statements, Powell's composed approach towards inflation, aiming to avoid aggressively targeting a...
Hello everyone What I am publishing is not so reliable till the confirmation level comes true. But if it follows our counting so you can be prepared for a sell position (Wave (C) intermediate). Thanks
I expect us30 to 38678. Entry - market price or above 38824 SL - 38864 TP - 38680 Apply proper risk managemet!‼️
The price is rising toward the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement; it could reverse from this level to our take profit Entry: 39,095.90 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 39,373.41 Why we like it: There is an overlap...
US30 H4 We fell marginally short of seeing this price trigger yesterday as we approached the underside of our key sell zone. US stock market open may provide the volume and entry point to see and commit to shorts from that 39k price. Nice confluence zone offering that whole/psychological number, H4 supply and resistance.
Dow Jones (US30) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 39,377.26 which is a pullback support. Stop loss is at 38,900.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 39,768.82 which is a pullback resistance. High Risk...
US30 New Forecast The price moved as our previous idea and reached our target perfectly. So now it is possible to do a retest till 38820 and then start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line:...