Key Breakout at 42,290 to Determine Bullish or Bearish TrendDow Jones Technical Outlook:
The price should break 42290 to start a bullish trend till 42800,
Otherwise, as long as trades under 42290 and 42210 will be a bearish trend toward 41960 and 41775
Key Levels:
Pivot Point: 42290
Resistance Levels: 42450, 42700, 43040
Support Levels: 42080, 41960, 41770
Trend Outlook:
Bearish as long as trades under 42290
Bullish by breaking 42290
Dj
US30 Bullish Momentum Continues with Key Support at 38,790 Technical Analysis: US30
The US30 index retested the 38,790 level and then surged approximately 150 points, continuing its upward momentum toward the 39,050 level.
Bullish Scenario:
As long as the price trades above 38,790, it will likely push up to 39,050.
Bearish Scenario:
If the price breaks below the support levels at 38,790 and 38,760, it could decline to 38,580. Sustained trading below this level may result in a further drop to 38,400.
Key Levels:
- Pivot Line: 38,790
- Resistance Levels: 39,050, 39,350, 39,700
- Support Levels: 38,580, 38,400, 38,290
Today's Expected Range:
The price is expected to move between the support level at 38,760 and the resistance level at 39,050.
In summary, maintaining a position above 38,790 supports a bullish outlook with higher resistance targets, while trading below this level indicates potential bearish movement towards lower support zones.
Previous idea:
US30 Bullish Trend with Key Support at 38,790Technical Analysis: US30
The price trend for US30 is currently bullish, targeting 39,050 as long as it remains above 38,790. There is also the possibility of a price correction down to 38,790.
Bullish Scenario:
As long as the price trades above 38,790, it will likely push up to 39,050.
Bearish Scenario:
If the price breaks below the support level at 38,790, it could decline to 38,580. Sustained trading below this level may result in a further drop to 38,400.
Key Levels:
- Pivot Line: 38,790
- Resistance Levels: 39050, 39350, 39700
- Support Levels: 38580, 38400, 38290
Today's Expected Range:
The price is expected to move between the support level at 38,790 and the resistance level at 39,050.
In summary, maintaining a position above 38,790 supports a bullish outlook with higher resistance targets, while trading below this level indicates potential bearish movement towards lower support zones.
US30 (Sensitive movements)Technical Analysis
The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations.
There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050.
Bearish Scenario: If the price breaks below the support level at 38790, it could decline to 38580. Sustained trading below this level may lead to a further drop to 38400.
Bullish Scenario: Stability above 38,790 indicates a potential bullish trend, targeting 39,050.
Pivot Line: 38790
Resistance Levels: 39050, 39350, 39700
Support Levels: 38580, 38400, 38290
Today's expected movement range is between the support level at 38400 and the resistance level at 39350
Summary:
Downtrend Expected: Market influenced by NFP and Unemployment rates.
Potential Retest: Price may rise to 38,790.
Upward Movement : Post-retest, the price could push up to 39,050.
previous idea:
DOW JONES (US30) LONGS NOT BAD IDEADuring the uncertainty and risk off environment, low GDP data didn't come unnoticed and big boys accumulated some equities after the huge Salesforce panic.
Today, with NASDAQ loosing almost 2% and 0.7% for SP500, DJ was accumulated, so I think we might see nice and strong reversal for the end of the week and month close.
Play safe and good luck!
US30 (Toward Support Zone...)US30 Technical Analysis
The price dropped from the pivot line at 39,050, as we noted at the beginning of the week. It is currently heading towards 38,500 and 38,400. If the price stabilizes below this support zone, the bearish trend is expected to continue towards 38,020 and 37,820 for the week. Today, the price is anticipated to consolidate between 38,500 and 38,790 until a breakout occurs.
A bullish scenario will be activated if the price breaks above 38,790, targeting 39,050.
Pivot Line: 38,675
Resistance Levels: 38,790, 39,050, 39,350
Support Levels: 38,410, 38,020, 37,820
Today's expected movement range is between the support level at 38,400 and the resistance level at 38,790.
Previous idea:
Probably correction is waiting for Dow JonesHello guys,
The Dow Jones recently broke through its all-time high.
My prediction is that at least for the short term, there is a correction ahead of the Dow Jones.
After correction, you can think about buying in the specified areas.
long at current prices is very very dangerous, Take care.
Dow Jones Overall Wave AnalysisHello Traders, Base on technical and wave analysis we see this scenario for #US30 #DowJones for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPUSDHello everyone, I have a good idea for selling GBP/USD. There is a perfect trendline on the 1-day time frame, along with a strong order block on the same time frame, and a Fibonacci retracement level of 61%. Additionally, there is a strong resistance level on the RSI (Relative Strength Index), and I have observed a divergence as well. Furthermore, the dollar index is currently at a strong support level. It's important to manage your risk effectively. Good luck to all!
USDOLLAR DJ : Bullish Pattern - New LONG impulse coming.The USD Dollar index, following The EUR/USD currency ( Link in description ), after a Double Bottom on the Support Area, precisely on the previous High Swing and the confluence of 61.8% Strong Fibo Level plus a rebound on the dynamic trendline, in the lasts session the price Broke the Neckline of this pattern ( on 18 August ) with a Strong bullish candle. On Friday the price continued to grow with another green candle. Following our Previous analysis, our Bias is for a continuation of the Bullish trend. A possible ABCD pattern continuation that shows the price over our Target line. Both Stochastic and Rsi are in bullish conditions, the first in Oversold with a divergence, like for the RSI also in divergence plus Bullish side. Now we are in Bullish Flag pattern formation , looking for a new LONG impulse
US30 Potential bullish bounce | 05th July 2022On the H4, with price moving along an ascending channel and expected to break out of the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement. Alternatively, price may break 1st support and head for 2nd support at 30149 where the horizontal swing low support and 78.6% fibonacci retracement are. Take note we are waiting for the break of the 1st resistance to confirm the bullish move.
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US30 Market Crash Incoming soonI'm not a financial advisor and these are only my pure thoughts about what US30 will do soon.
This is my prediction for the US stock market crash that I think will happen in the next weeks to months this year.
Some people say this crash will be the biggest of all time, I think is possible. My estimation is a crash of a minimum of 25-30%.
The best chances are to happen in the mid of the year between july and September.
Usually in this range, people go on holiday, and buying habits change (more spending on transportation, local attractions, expensive food, etc) which can lead to imbalance that can lead to a market crash when added the actual fear of a market crash in calculations.
US30 NDSThere is no buyers moving in after fake rally against the market direction and I personally confused about the reaction of price to H+ levels but I think this H+ will fail finally and price goes to the end of symmetrical leg 3
Happy trading <3
DOW JONES Last Timd he did this kind of yellow correctionthink to think
Smart Analysis How to trade DOW JONES :
Simple :
Just trade it smart
Investissement on DOWJONES is usually bénéfique on long time !!!
12 or 24 month to return back
It can be a good think to wing it bullish way and doing shopping as the price as low he goes in normal market
News, Géopolitics, Géo-economy, Macro-economie : Fondamental things i want to say, but i remembered trump twitter things... 1 POste 1 Wave , 10 , 20 the market sometimes changes the side
Buy the FORK
Sell the news
Free TRade can be A security
=> So When market is down you should have money to invest ....
So what to do ? every thing but not full margen or X25 or x50
Do you know the price must drop to zero if you should loose a position with x1 levrage !!
So Please dont hurry to win juste do things as investor
investor always protect the capital
what to do if Market drop ?
nothing, just short it in à hedge account or in another account
hedging can be progressive with also free trade after 20 % of Gain
if it's closed just put the same order few point below
you can surf it every time bearish thinks is done scalping mixing stratégie based on 4H interval *
Dont forget to buy as low as he goes !!!!
For who understand this strategy just don't like the post and don't share it !!!
Hey Jone, they know how to beat you !!!!
Be SMART Trade SAFE
I will make the same for BITCOIN who want it ?? juste like the post
DOW JONES - Beautiful Head & Shoulder doesn't EXI... - PART 2My prediction is that DJ has a nice chance to fall from its current position.
It also has a chance to go up to 35510 and then pull back.
We have Head & Shoulders pattern + MACD on 30M is well-positioned for a shot position and the Stochastic RSI just started to go to the middle so that it will have a nice spot to fall from
Unfortunately is the end of the day and most of the traders are closing their positions right now, but i think in the next 6 hours we will see some nice moves
DOW JONES - Beautiful Head & Shoulder doesn't EXI...My prediction for DJI is that it will fall more.
As you can see it have just created a Head & Shoulders pattern + MACD on 30M is well-positioned for a shot position
US30 Buyers Hold the marketThere has been plenty of chop in this market for some time after the bullish push. Next logical step is a new bullish leg following the pause.
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Us30 4h (downward under 35100)Us30, now the price at the resistance line so now tendency is downard, but if the price can stable above 35200 so i think the direction will be upward.
——-
Tendency: downward
Entry: under 35100
Tp.: 34900 & 34795 & 34500
Sl.: stable above 35220
US30 new bullish legPrice made a classical drop bounce on the H4 major trendline. Price expected to make new highs this coming week.
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US30 is going to fall! NFAUS30 broke a long uptrend line on the daily chart as you can see, and it looks like a triple top has formed. I am expecting to see some downside to around the 32,700 area because of this. Not financial advice