USA market was under pressure due to so many reasons as we know but technically now the chart is looking bullish to me. Once we see a closing above 34440 its very likely it will retest the strong resistance area that is at 34900 zone. 34000 was resistance we saw rejections on 17th october 2023, now with this current really we can finally see a break through and...
Hello traders it looks like its make or break time for us30 the price is on a very sensitive zone A Major key level + a falling trendline. however it looks to me that the buyers are still keeping strength on the market it is very likely and possible we can see a breakout and a further continuation to the upwards just like the nasdaq100 but the possibility...
As I am still bullish on US30 this idea is a temporary move that I see playing out due to the past couple days being very bullish. As im expecting a pull back/retracement of some sort, I will be looking to take the sells at the 22hr supply zone. I will wait and see for price to show me its hands then go from there. As price hasnt slowed down yet im still waiting...
Hi, According to Dow Jones analysis, there is a very good selling opportunity. The indicator appears to be in a very negative state with the pitchfork tool broken. The support at 34200 was broken. We also notice the break of the 200 moving average. All these factors confirm that the market is for sale only. Good luck everyone
The Dow Jones is now reacting off my area of interest I am now expecting the Dow Jones to start swing bearish Confluences -0.618 bearish fib -0.27 bullish fib Incline trendline Decline Trendline Rejection point London Session rejection candlesticks
So far the overall movement of US30 is bearish. Price might be heading to the HTF LH, meaning that the current bullish trend is because price is reaching for the HTF LH and until it breaks it then the overall bearish trend will be broken. I'm trading the bull run on the LTFs. Predicted movements: wave 1, 2 and 3
We are presently analysing the US30, which has recently reached a critical resistance level. In the video, we conduct a comprehensive analysis of the Dow Jones, delving into various aspects including the prevailing trend, support and resistance levels, market structure, and price action dynamics. As the video nears its conclusion, we carefully assess a prospective...
Dow Jones - DJI Description : Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line , It will Complete its Retracement at Previous Strong Support or till its Lower Trend Line at Fibonacci Level - 61.80% / 78.60% Entry Precautions : Wait until it Rejects with Strong Bearish Price Action
The Symmetrical Triangle is notorious for indecision. The price moves to the Apex in a symmetrical fashion and it's up to the traders to decide on whether to go long or short... We can see there are two scenarios. Either it breaks up with the 1st target to the top of the triangle at 35,653. Or it breaks down, breaks through the Uptrend for the first time...
The Dow Jones has recently breached a bearish flag pattern, leading me to anticipate a shift towards a bearish trend following nine consecutive weeks of bullish performance. There are several factors aligning to suggest that the Dow Jones may embark on a downward trajectory. Meanwhile, the outlook for gold appears favorable for long positions, signaling a...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
"As mentioned previously, I decided to take a hiatus from chart analysis to focus on personal growth. I'm committed to delivering high-quality insights and refuse to share subpar ideas just for the sake of it. Continuous improvement is my mantra, and stagnation isn't an option for me. During this break, I've reevaluated my bearish stance to gain a fresh...
Pair : DJI - Dow Jones Description : We have Break of Structure with Completed Retracement at the Lower Trend Line of Bearish Channel in Long Time Frame at Fibonacci Level - 50.00%. It has completed its Impulsive Wave " 1234 "
The point of view of US30 analysis is that the current trend is still in a bullish state, the bearish that occurs up to Fibo 0.236 is a Swing Correction and there is a possibility that currently there will be bullish continuation
We are waiting for more data to come up with a reliable EW count and trade setups.
MACRO MONDAY Dow Transportation Average Index DJ:DJT The Dow Jones Transportation Average (DJT) is a price-weighted average of 20 key transportation stocks traded in the United States. The transportation sector acts as a leading indicator as it is further up the value chain ahead of the final products being sold by companies in Dow Jones Industrial Average...
The short trade was successful. Now we are reaching the wave (c) and wave ((y)) areas. From here we can initiate a long trade.
If the double correction plays out, it is a nice buying opportunity. We believe a long trade can be initiated from the wave (c) and wave ((y)) area.