M15 Outlook on US30The market is currently ranging within the channel between the 44,953.9 resistance zone and the 44,792.8 support zone Iโve identified. If price breaks below, Iโll wait for a retest before entering. Alternatively, Iโll look to enter on a reversal if a new candle forms within the channel or above the support trendline.
WALLSTREETMINICFD trade ideas
US30 Technical Breakdown โ 08/21/2025๐ US30 Technical Breakdown โ 08/21/2025
US30 still hovering around 44,860, stuck in a tight range between 44,761โ44,899. Price is consolidating under the major 45,076 resistance, forming a potential coiling pattern for the next move.
Bulls defended 44,761 multiple times โ but without a break above 45,076, momentum stays capped. Sellers will look to exploit a breakdown toward 43,982.
๐ Market Behavior:
๐น Sideways chop in a narrowing range
๐น EMAs flatlining โ market in balance
๐น Repeated rejections at 45k
๐ Key Levels:
Resistance: 44,899 โ 45,076 โ 45,200
Support: 44,761 โ 44,814 โ 43,982
๐ง Bias:
Neutral โ awaiting breakout confirmation.
Could we see a bounce from here?Dow Jones (US30) is falling towards the pivot, which acts as a pullback support and could bounce to the 1st resistance, which is a multi-swing high resistance.
Pivot: 44,311.54
1st Support: 43,870.66
1st Resistance: 45,106.42
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 investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Dow Jones Index Analysis (US30 / Dow Jones):The index is currently in an overall uptrend, moving within a corrective downward channel on the hourly timeframe, with some recovery in prices at todayโs market open.
๐บ Bullish Scenario :
If bullish momentum continues and price holds above 45,000, the index may target 45,200, and with strong buying pressure, we could see a new high.
๐ป Bearish Scenario (Also Possible):
If the price rejects near 44,980 and breaks below 44,800 with confirmation, the index could head toward 44,600, and with further selling pressure, it may drop to 44,500.
DOW JONES Double MA50 Support Zone coming to the rescue?Dow Jones (DJI) has been trading within a 4-month Channel Up and following the recent High, the price started to pull-back ahead of this week's major macroeconomic events.
By doing so, it has approached the 4H MA50 (blue trend-line), which has been the first line of Support inside this pattern. The previous (Higher) Low of the Channel Up was priced on the 1D MA50 (red trend-line) and the 2 form the strongest medium-term Support Zone at the moment.
With even the 4H RSI fractals identical, the current price action resembles the June 12 one, post 1D MA50 Low (May 23). Even if the 4H MA50 breaks, the trend will remain bullish unless it closes a 1D candle below the 1D MA50 (which would also be an invalidation of the Channel Up).
The most common rise on a Bullish Leg on this pattern has been +9.00%. As a result, our Target is 47200 as we enter September.
-------------------------------------------------------------------------------
** Please LIKE ๐, FOLLOW โ
, SHARE ๐ and COMMENT โ 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. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
US30 - Market Structure, Confluence & FIBDear Friends in Trading,
How I see it,
Keynote:
Potential for price action to remain in limbo till Friday remains high.
Decisive breakouts required either way.
Just sharing my thoughts - (I have no evidence to back this up)
I'm keeping an eye on this one, maybe it's lagging behind NASDAQ.
Let me know if anything is unclear.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
DJIthis is DJI daily chart ...
a self explainatory chart ...
from the lows,
looks like we have completed 5 waves in DJI...
if this top is not broken , we are surely going down ...
I am expecting DJI have completed 5 of 5 of V...
and its time for it to start downward journey
Just a view!
Vedang ! :)
Disclaimer: Chart is for study purpose only!!
US30 Outlook: Waiting for Range Break Confirmation Dow JonesIโm looking at the US30 ๐ right now, and price is currently range-bound ๐, reflecting ongoing pressure in the market. While Iโm watching closely for an opportunity, itโs important to recognize when to step aside and wait for the market to set up ๐ฐ๏ธ. If we see a break below the current range low followed by a retest โฌ๏ธ, that could present a selling opportunity. Conversely, if price breaks higher and retests the previous high โฌ๏ธ, that could offer a buy setup. For now, Iโm remaining on the sidelines ๐ช until one of these scenarios unfolds with the momentum Iโm looking for ๐. (Not financial advice.)
US30 Technical Breakdown โ 08/20/2025๐ US30 Technical Breakdown โ 08/20/2025
US30 currently trades around 44,860, consolidating after yesterdayโs pullback from the 45,200 peak. Price is sitting right above the 44,761 support zone, with EMAs flattening โ showing indecision.
Bulls need to reclaim 45,076โ45,200 to regain momentum. A failure here risks another drop back toward 43,982.
๐ Current Market Behavior:
๐น Sideways chop after sharp rally & rejection
๐น Support holding at 44,761
๐น EMAs tight โ potential breakout building
๐ Key Levels:
Resistance: 45,076 โ 45,200 โ 45,400
Support: 44,761 โ 43,982 โ 43,471
๐ง Bias:
Neutral with bearish lean unless 45,200 is reclaimed.
๐ก Trade Ideas:
๐น Long scalp above 44,761 โ TP: 45,076
๐น Breakout long above 45,200 โ TP: 45,400
๐น Breakdown short below 44,700 โ TP: 43,982
Sell Dow Jones (US30) โ Elliott Wave & Chart Pattern OutlookThe chart applies Elliott Wave and pattern analysis on the Dow Jones (US30). Price has completed a large rounded bottom formation (Wave 4 to Wave 3 structure) and is currently consolidating within a contracting triangle pattern.
The market is testing resistance near 45,000.
A corrective wave count (AโBโCโDโE) suggests a possible short-term pullback toward ~43,000 before resuming the next impulsive rally.
If the triangle completes, the next major bullish wave could push US30 significantly higher, with a target above 48,000.
Key Levels:
Support: 43,000 โ 41,865
Resistance: 45,000 โ Breakout toward 48,000
This indicates a short-term corrective dip is possible, but the long-term bias remains bullish.
US30 (DOW): Equal Leg Projection Meets Fibonacci - Long SetupSharing my outlook on the Dow, which aligns with my NASDAQ analysis but with a specific mathematical approach. ๐
**๐ฏ The Setup:**
I'm targeting a long position based on an equal leg projection. Taking the range from the recent low to the all-time high, I expect a decline equal to that same distance. This projection perfectly coincides with the 0.618 Fibonacci level - a powerful confluence. ๐ฏ
**๐ Entry Strategy:**
The beauty of this setup is the mathematical precision: the equal leg down from the high lands exactly at the 0.618 Fib level. This confluence gives me high confidence in this support zone for a potential long entry. โ
**โ ๏ธ Risk Management:**
Stop loss would be placed below the projected low, targeting new all-time highs. Clean entry, clear invalidation level. ๐
**๐ง Why This Works:**
Equal leg projections are powerful tools in market analysis. When combined with key Fibonacci levels, they create high-probability reversal zones. The market often respects these mathematical relationships. ๐
**๐ Bigger Picture Alignment:**
This setup aligns with my broader market view - expecting one final push higher before any significant correction. The Dow's equal leg projection gives us a precise entry point for this bullish thesis. ๐
**๐ก Key Insight:**
When geometric projections align with Fibonacci levels, it creates what I call "mathematical harmony" in the markets. These setups often provide the best risk-adjusted opportunities. ๐ต
๐ **This trade setup offers a risk-to-reward ratio of 10:1.** Without including fees, the breakeven win rate for this trade would be approximately 9.09%. Knowing these figures in advance helps me avoid emotional trading. ๐ง
๐ก **Pro Tip**: If you often find yourself trading based on emotions, I recommend doing this type of pre-planning and quantifying your setups before execution โ it can be a simple yet highly effective improvement. โ
---
**Trading is simple.** You don't need multiple indicators or dozens of lines on your chart. A clean and simple chart often works best โ it keeps your decisions consistent and reduces uncertainty. Sure, it might not look flashy, and my analysis may seem a bit "plain" compared to othersโฆ but that's how I like it. If you find this analysis useful, feel free to follow me for more updates.
---
*Disclaimer: This post is for general informational and educational purposes only. It does not constitute financial advice, investment recommendation, or a service targeting specific investors, and should not be considered illegal or restricted information in any jurisdiction.*
US30 Holding 45,000 โ Key Zone in PlayUS30 is consolidating just under the 45,000.0 level after a strong rally, showing indecision at this resistance.
Support at: 44,000.0 ๐ฝ | 43,323.5 ๐ฝ | 41,900.0 ๐ฝ | 37,700.0 ๐ฝ
Resistance at: 45,000.0 ๐ผ
๐ Bias:
๐ผ Bullish: A breakout and close above 45,000.0 could extend upside momentum.
๐ฝ Bearish: Failure to hold may trigger a pullback toward 44,000.0 and 43,323.5.
๐ Disclaimer: This is not financial advice. Trade at your own risk.
Aug ~12th UpEssentially, the resistance below has turned into a huge wall of support.
Going to need a few days to consolidate, but the ingredients are there and ready to cook. Maybe not exactly on the 12th. Expect rally to last until early Sept. once it starts.
Not giving any start or SL because I suck at technical analysis. You do you.
US30: Next Move Is Down! Short!
My dear friends,
Today we will analyse US30 togetherโบ๏ธ
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 45,140.8 will confirm the new direction downwards with the target being the next key level of 45,050.1 and a reconvened placement of a stop-loss beyond the range.
โค๏ธSending you lots of Love and Hugsโค๏ธ