YM1! US30USD DOW 2023 FEB 27
YM1! US30USD DOW 2023 FEB 27
No trades for Dow last week.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789
2) Supply takes control = short on test and reject of 32789
Volume Analysis:
Weekly: Lower vol down bar close toward low = minor supply
Daily: Ave vol down bar close toward low = minor supply
H4: UHV vol up bar + level close up bar close toward low = supply > demand
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34605
32789 30513 28635
Remember to like and follow if you find this useful.
Have a profitable week ahead.
Dow30
Strategy development. Samples of my strategies I use. Here is a brief description of some my strategies I use. Im still in the development phases. So please dont blindly follow what I do. Test them to see if they work for you. I dont mind sharing publicly because it helps me too with my psychology and overtrading. I dont want to look like a fool so I try to pick only the clearest setup. Thanks guys.
Hang On Tight! 22 Feb 2023🖼 Daily Technical Picture 📈
➤ It was a strong red day across the board with small-cap and tech suffering the most. Interestingly the DOW 30 lost more than the S&P500. That is unusual. Our hanging wo(man) failed to hold on to support on two accounts. Firstly the short-term low at 405 and also the 200-day Moving Average.
➤ Today's losses wiped out all of the February gains as well as 50% of the gains for the year (as measured from the recent peak).
➤ So where will our hanging wo(man) land? Around 390 is a clear first target. If that doesn't hold, next level is 380.
➤ I continue to hold my large short position.
➤ Conclusion: Hang on tight!
YM1! US30USD DOW 2023 FEB 20
YM1! US30USD DOW 2023 FEB 20
Finally we see some movement from Dow.
34605-34432 rotational play based on 06 Feb's analysis garnered.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789.
Note: 34605-34432: If market trades toward the upper boundary =
possibility of breakout
2) Rotational breakout/breakdown:
- If price breakout, long when price retraces and finds support
Volume Analysis:
Weekly: Ave vol down bar close below middle = minor supply
Daily: Ave vol up bar, demand overcoming supply = demand
H4: Ave vol up bar close toward high = minor demand
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34432-34605
33624 33037- 32789
Remember to like and follow if you find this useful.
Have a profitable week ahead.
DOW30- Will CPI data trigger a break and a push above 35k?After the double bottom under 29k and a break above descending trend line resistance, Dji has started to consolidate (as if it was waiting for Nas100 and SP500 to catch up, and now are all aligned:) ).
Technically, the picture is bullish and crystal clear, with a price waiting for a trigger to break above the triangle's resistance.
CPI could provide this trigger and, in such an instance, bulls could push Dow above 35k.
P.S: I don't think we are out of the woods and this optimism will last, but I've learned to now argue with the market
YM1! US30USD DOW 2023 FEB 06
YM1! US30USD DOW 2023 FEB 06
No trades taken for Dow last week as price stayed away from the
boundary of the rotation zone. We now have a rotation within
a rotation zone 34432-33624 :)
This is about 800pt range.
A modest upward trendline has formed, but but but demand is
is showing effort no result.
The 800pt range, although attractive, will unlikely be easy to trade.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789.
- 34605-34432: Consideration - will market trace Nasdaq & SnP
for a breakout?
- Short if rejected at 34605-34432
2) Rotational breakout/breakdown:
- If price breakout, long when price retraces and finds support
Volume Analysis:
Weekly: Ave vol down bar close in middle = indecisive
Daily: Higher vol down bar close of low = some demand
H4: Ultra hi vol level bar, S>D = Supply coming in
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34432-34605
33624 33037- 32789
Remember to like and follow if you find this useful.
Have a profitable week ahead.
Bread & Butter, A+ Long SetupNFP or not, I am taking this setup every single time. This is my bread & butter with a very high hit rate. Aggressive plosions here all day with a respectful SL.
Dow Jones, breakout and retesting. US30 📈Hello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The market has a false break and then came back above the base band, so for now we expect a retest of the zone and the continuation of the upward to the supply zone. Monitor the price's action in the circles to enter.
Good luck.
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Dow Jones 30 found support, potential to go higher from here?Dow Jones 30 Index
The multi-week sideways price action seems to be the consolidation of the October - December advance, bullish conditions appear to remain intact provided the 32,950 support area proves true.
Not investment advice. Past performance is not indicative of future results.
Dow Jones, breakout the support base. US30. UpdateHello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The market has broken the support base and the ascending line, so we expect a retest of the zone and the continuation of the downward trend. Monitor the price's action in the circle to enter.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
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US30 to find support at previous lows?DOW30 - Intraday - We look to Buy at 32845 (stop at 32645)
Continued downward momentum from 34358 resulted in the pair posting net daily losses yesterday.
The 261.8% Fibonacci extension is located at 32845 from 34358 to 33784.
We have a 78.6% Fibonacci pullback level of 32845 from 32437 to 34347.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 33370 and 33470
Resistance: 33200 / 33570 / 34034
Support: 32845 / 32812 / 29068
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Dow Jones, under resistance & next move. US30. UpdateHello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The market reached our target with 850 pips and now under major resistance and it's better to wait for another point to enter buy position. I expect market needs some correction and support zone will be at 33700 and next target 34600. So monitor the price's action in the circle to enter.
Good luck.
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Dow Jones, breakout resistance and retesting. US30Hello guys, Everything is clear on the chart for you like always. The market broke its resistance last week and now retesting it at 33400. So monitor the price's action in the circle to enter. Of course, the Fed's speech today is very important and can cause many changes in the market. consider it.
Good luck.
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Selling DOW's early optimism.DOW30 - Intraday - We look to Sell at 33803 (stop at 33953)
A Fibonacci confluence area is located at 33803.
There is scope for mild buying at the open but gains should be limited.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Further downside is expected and we prefer to set shorts in early trade.
Bespoke support is located at 33310.
Our profit targets will be 33310 and 32760
Resistance: 33803 / 33987 / 34410
Support: 33310 / 32758 / 32441
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
YM1! US30USD DOW 2023 JAN 01
YM1! US30USD DOW 2023 JAN 01
Welcome us to 2023. Wishing you much trading success
for the new year and great health!
Possible scenarios:
1) Short on rejection at 34607 / 32789
2) Long if supported at 30513 / 28635
Weekly: Low vol down bar close at middle = indecisive
Daily: Low vol down bar close toward high = No Supply
H4: High vol up bar closed at high = demand
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35330 34605-34283
33455 32789 30513
28635
Remember to like and follow if you find this useful.
Have a profitable week ahead.
DJ30 - Expect trading to remain mixed and volatile.DJ30 - Intraday - We look to Buy at 32824 (stop at 32600)
Intraday, and we are between bespoke support and resistance 32824-33421. Expect trading to remain mixed and volatile. We have a 61.8% Fibonacci pullback level of 32821 from 32439 to 33439. Preferred trade is to buy on dips.
Our profit targets will be 33421 and 33779
Resistance: 33422 / 33779 / 334425
Support: 32824 / 32653 / 32439
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Buying DOW at 4H candle closes.DOW30 - Intraday - We look to Buy at 32811 (stop at 32561)
The medium term bias remains bearish.
The 261.8% Fibonacci extension is located at 28943 from 34939 to 32649.
Bespoke support is located at 28933.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 33558 and 34093
Resistance: 33558 / 34093 / 35000
Support: 32810 / 32709 / 28943
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
DJ30 - Bias remains bearishDJ30 - Intraday - We look to Sell at 33735 (stop at 33885)
The 261.8% Fibonacci extension is located at 34398 from 28612 to 30822. The medium-term bias remains bearish. Bespoke resistance is located at 33735. Rallies continue to attract sellers.
Our profit targets will be 33400 and 32700
Resistance: 33735 / 34000 / 34400
Support: 33400 / 32697 / 32600
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Dow Jones, downwards to support. US30Hello guys, Everything is clear on the chart for you like always. The market going down to the support zone and there it will show us whether it stay bullish or the trend will turn to bearish. So monitor the price's action in the circle.
Good luck.
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