BUY US30BUY US 30 TARGET 38700 - 38900 - 39000 Best Opportunity in upsideULongby ZIYADAVAKHIDOVAUZUpdated 5
correction It is expected that the correction process will continue until the support range, then according to the behavior of the indicator in the green support range, the continuation of the movement process will proceed according to the specified paths.Shortby STPFOREX1
Summary of Dow Jones Industrial Average Index (US30)**Summary of Dow Jones Industrial Average Index (US30)** - **Current Price Level**: The index is trading around 39,170.69. - **Support and Resistance Levels**: - **Resistance**: Near 40,200.00 (highlighted in blue). - **Support**: At approximately 38,786.90 (highlighted in blue). - **Key Zones**: - **Major Support Zone**: Between 38,042.39 and 38,200.00 (highlighted in purple). - **Immediate Support Zone**: Around 38,786.90 (highlighted in blue). - **Price Movement and Projection**: - The index is currently at a critical resistance level around 39,172.50. - The analysis suggests a potential pullback to the 38,786.90 support level before an upward move towards the 40,200.00 resistance level. - A breakout above the current resistance at 39,276.24 could signal a continuation of the upward trend towards 40,200.00. - **Trade Idea**: - **Entry**: Around 39,172.50 after confirming a breakout or on a pullback to the 38,786.90 support. - **Target**: 40,200.00. - **Stop-Loss**: Below the 38,786.90 support level to manage risk. This analysis highlights key levels to watch for potential trading opportunities and provides a clear plan based on the current market structure.Longby tumeloletsabo111
US30 - H&S pattern WIPa very good RR setup, need a stong bearish candle to confirm then we can ride the roller coaster down. This view intact until PA break 39500 Shortby Zhen_Trading1
optimal dow short?Been waiting and waiting and waiting and waiting for the next trade. No volatility, nothin' happening. No gains to be made. Waiting, waiting waiting. It's like a little kid inside me "can I trade now? can I trade now? can I trade now?" Rational mind has to say "not yet... Okay now!" Can see my two market top calls on the Dow - I removed a lot of em from other social media but they're on my TV account or the blog. This is DJI, so it doesn't have big AI companies like NVDA. Today nas/S&P dropped and DJI got a great op-ex shuffle and good boost. Been waiting for this - had it drawn on my chart - catch that ripple. I had closed my bigger shorts (prop only, so not live ammo quite yet) and got a lot of the move, waited for the retrace and economic data to line up to find this one today. And it was a painfulllllyyyy long wait. Market is betting towards 2+ cuts again this year, and either the cuts happen, money is printed, and markets go to infinity as the USD drops, or else the fed counters the US spending by holding rates up, at least until something breaks. I'm betting more on this side, that the fed will over-shoot if only to preserve the USD a little longer, and the market has it wrong, stuff will break. At the same time, I'm seeing the M2 expanding some something is happening over there... The Fed holding rates up strengthens the dollar, lets enough pain appear to hopefully get inflation under 3 (at least "CPI" well... That's a topic for another day.) But things aren't working the way the fed expects - people are just giving up on the american dream and spending themselves into oblivion. Like who? Oh I don't know, maybe the american government itself 😛 The government spending is so off base, the republicans are even talking about taking over the fed and setting the interest rates themselves. It's just insanity. Have to be nimble, if I start to see the fed or government caving before things start cracking, I'll go with the fed, assume currency is going to 0 and BTC and whatever else is going to the moooooonnn! So far been spot on with my 72k top call on BTC *bows* however, I think after this sell off, whever it leaks - 60k 50k 30k - we'll probably find the seeds for the greatest bull-run that will ever occur in probably any asset class ever. Near term, I'm still reading BTC as the ultimate risk asset - it's very responsive to sentiment in the narratives and economic data. I was really distracted during the last crypto run, I knew it was happening and was calling moves but I chickened out of an all-in position on a prop account at 30k. Would have been a pretty good payoff, I just remember those nights and days when I wasn't quite stable enough to sit on my hands. I was like "nah this is crazy, I'm going to be" and it ended up being the most perfect, 0 risk all in position and call. It was only like a half btc, still woulda been 20k trade. Anyway, I think this Dow short is safe, I seldom trade swing positions but I'll look at this for a few days at least. This makes sense honestly for a pretty good contraction to me if the fed doesn't just immediately start slashing rates. I don't post it if I don't think it'll land, my track record is good on ideas I publish. If it shelves tomorrow, I'll get heavy. Need to get the big funding sorted out stat.Shortby decklyndubs1
US30 shortsHello Traders; I believe that US30 is due for a very huge bearish move Here's why Monthly; Price broke all time highs and never retested the previous region. May's candlestick closure is very weak and left a long wick to the upside. The probability of the wick being filled is very low. Weekly; There is a 3 pin pattern that never closed below the pattern. If price ever breaks 38,000 then the next target is 37,500. Two weeks ago price formed a doji candlestick formation which shows me there are not enough orders to go to the upside. The previous week's candlestick has its body showing downside momentum I believe that this week price went up to collect orders before we see inevitable downside movement Daily; Price is at a major selling region at 38,875 and rejected it with a 3 pin pattern. The next notable daily region to the downside is 38,550 4 hour; Price has broken below 38,830 which is a 4 hour region and has retested the region. The next notable region is 38,750. Waiting for a sell setup Shortby kingmwenja1
Can we see more bearish movement ??After poor results from the CPI, PPI and Initial jobless claims report, markets have not been able to show any bullish signs last week US30 - As we can see, price came back to retest the zone above 39028.55 (which was the previous weeks high) and broke 4h structures to the downside first at 38441.93. My ultimate target will be the 37212.17 area. The weeks candle still opened and closed with the previous weeks candle (Jun 3), so I will be anticipating a strong move GER40 - The DAX has been bearish consecutively for 5 weeks in a row, showing a very strong bearish weekly candle last week. I will like to see price take the previous months low and head towards 17401.6 Ultimately, I will be looking for more bearish momentum and also price to take each previous week low. The economic calendar seem to be packed for Thursday. Retail sales on Wednesday will be a good indicator to see how the affect of interest rates have affected the US economy and if they will need to adjust the rates sooner than laterUShortby S0202Trades2
Us30 is about to flyMultiple confluences indicate the probability of a bullish market ... please trade with caution and use risk management Remember its not a sprint,its a marathon.Longby Dave101553
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_NgatiaUpdated 8
US30My View on US with the current news forecast. Tomorrow might be a great pump after seeing some accumulation on 1H time frameLongby randybrigittaUpdated 336
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 228
US30: First red dayHi 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 ✅ no daily cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 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, the market could consolidated in Friday LOD, for a reversal trade during NYO or 10am. Not my best scenario of the day, but I would be willing to scalp it from LOD to CP (closing price). Short: primary, first red day signal, false break high of the week, US30 has now a great potential to start the backside back into the previous LOW. However, the failed breakout hasn't been confirmed yet, no other time frames (daily levels) are involved. I will be waiting for a level to be trigged, and then looking for a setup if presented. 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 8824
Bullish bounce off 61.8% Fibonacci support?DJ30 is falling towards a support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 38,445.31 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci retracement. Stop loss: 38,074.34 Why we like it: There is a pullback support level which aligns with the 161.8% Fibonacci extension. Take profit: 39,079.12 Why we like it: There is a pullback resistance 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.DLongby VantageMarkets10
DOW JONES BULLSLondon presssure seem to be trying to push this index higher. Buys to the upper trend line.Longby J_NgatiaUpdated 2212
US30USD: Potential Buy OpportunityGreetings, Traders! Brief Description🖊️: Bullish momentum is building on US30USD after a retrace into discount prices, with potential for upside continuation. Things I Have Seen👀: - Bullish Momentum📈: Gain momentum after retrace into discount prices - Respected Discount Arrays📊: FVGs holding, indicating potential for upside move - Price Action📈: Push to upside to take H1 buy stops, followed by retrace into FVG Analysis🔍: - Anticipating hold of FVG and continuation to upside - First Target Objective📉: H1 buy stops - Second Target Objective📉: Order block, importance due to liquidity void needing to be filled What's Important Now❗: Monitor price action around key levels for confirmation of bullish continuation. Kind Regards, The_Architect Longby The_Archi-tectUpdated 2245
Dow in H8 chartHello It is supposed that the price 38,010 was the low of wave II and we can expect rally to continue but nothing is valid unless the confirmations are met. If you want to enter so you must get the first confirmation at least and for those conservatives second confirmation is necessary. Please consider that I always talk about EW principles in my ideas and I use it to find a whole conception of the market as well as trends directions. I never use it to set up my entry point. I recommend Volume Trading for this issue. Thanks Longby AMA_FXUpdated 3
DOW JONES Bottom next week. 42k long-term Target.Dow Jones (DJI) is about to close a red 1W candle, staying flat basically for the 3rd week in a row. May's Double Top on Resistance 1 (40075) technically calls for an approach attempt on Support 1 (37250) but that doesn't invalidate the long-term bullish technicals as the pattern is a 1.5 year Channel Up. As a result, with the 1W MA50 (blue trend-line) supporting since the week of October 30 2023, closing in towards Support 1, we expect a bottom to be formed next week when the 1W RSI makes a Lower Low. As you can see, the last 3 long-term buy opportunities have been when a 1W RSI Channel Down (blue) made a Lower Low. Our long-term Target for Q4 is 42000 (just above the 0.786 Fibonacci Channel level). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot14
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_RealUpdated 4
US30 ( BREAKOUT ) , ( CPI AND INTIAL JOBLESS )US30 HELLO TRADERS Tendency the price is a short pressure in 38,668 Turning level : The turning level in 38,668, so as long as the price under this level, there will be a bearish trend resistance level : breaking turning level in 38,668 , the price will rise to 39,016 and 39,318 ,stable this level it will started a bullish trend support level : trade stable under 38,668, the price will reach the support level of 38,281 and 37,939 corrective level : price will attempt in 38,668 , correct itself before decline * TODAY , we have some news , beware trading please HOPE YOU HAVE A PROFITABLE DAYUShortby ArinaKarayi2
Dow Jones Top Down Analysis12 month Chart On a measured move to hit 150,000 in this current Bull Secular Trend 3 Month Chart Trendline for each bull cycle holds well 1987 = 2019 covid crash. The same area in the bull cycle followed by a break to new highs, a pullback and a grind higher. We are in the grind higher, awaiting the accelerated trend to start Monthly Chart Price is trending on its 3 month bull cycle trendline. Price is in a pullback on the monthly back to the November 2023 Fat Bullish Bar's top demand area/grey box Weekly Chart Price is in its pullback phase with price oscillating around the opening price of 2024. It is currently forming a Weekly bear flag and is getting ready to break to new lows soon to oscillate around the bottom portion of 2024's open Daily Chart Price is in a bearish pattern, a bear flag. I am expecting lower prices. I am also waiting for another bounce inside that flag before the drop 4 Hour Chart Price is bouncing up towards the yellow box for the second top before the completion of this bear flag. Bias is Bullish short term 15 Minute Chart A triple bottom with the third bottom as a higher low, a break of structure over the NY open's high. Price is bullish on the 15 minute chart to take out those pivot highs up until CPI's peak high. Longby travis18haney111
DOW JONESIt appears to me that the Dow Jones index is developing for a new upward round Longby Kuwait821
US 30 - Ranges overview Will be looking to see how we react from the 5min breaker (red box). IF we fail to break through it expect us to head towards the sellside liquidity resting around 38385 IF we hold the break expect further prices to the buyside liquidity. Let's be patient and let's see how the market moves from here. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick27071
US 30 - Ranges overview The overall HTF ranges are clear on US 30. Today is Friday so don't hesitate to size down on your trades and protect your capital. IF we hold these current levels expect further upside to the buyside liquidity IF we break below the current lows expect us to aggressively trade towards the sellside liquidity left earlier today Hope you guys had a nice week and enjoyed it to the fullest. Hopefully your trading week was a good one. As always whatever the results (positive or negative) they only reflect this week...not your trading journey. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick2707223