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US30 Short Setup: Riding the Retrace to Key Support Levels!Since the elections, traditional markets have been climbing to new highs, showcasing strong bullish momentum. However, I’m now eyeing a short opportunity on the Dow Jones (US30) as it retraces to key support zones around 44,400–44,500. This area appears to be a strong support zone, and my plan is to capitalize on the retracement for a potential long setup near the 44,000 price range. Currently, US30 is trading below the FibCloud, suggesting room for a retrace to the 44,800 level before continuing lower. My strategy here is to profit from the retracement, then re-evaluate for a long trade based on market conditions near the support levels. Key Levels: • Support Zone: 44,300–44,500 • Resistance Zone: 44,800 • Take Profit: 44,440 • Stop Loss: Above 45,100 Market Outlook: With tomorrow being a U.S. bank holiday, volume may vary significantly. I’ll closely monitor price action and market reactions for further confirmation. This trade aligns with the broader market behavior while taking advantage of shorter-term retracements. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
CAPITALCOM:US30Short
by AR33_
1
Dow Jones reaching 44k zone again, bearish movements after NFPDuring last month the index reached 7% increase in price but now is waiting for the CPI data on Wednesday and FED decision in the following days. The price is now neutral around the 44k zone but the bullish tendency is strong as for now. Main resistance is the 44k zone, upward movements can enhance the actual tendency. Main Support is 43k and 41k zones. Any movements below the 41k could endanger the actual tendency on the chart. There is also a bearish divergence between movements in price and movements in RSI. This signals losing of price momentum and probably can warn about corrections in price. Following this, we have to wait for the new fiscal policies of United States.
FOREXCOM:US30
by jepinedac
Reducing riskiness works in favor of stock indicesIn the recent four-hour chart of the Dow Jones Industrial Average (DJIA), the price is moving in a clear ascending channel. This movement shows that the market continues its upward trend. Currently, the price of the Dow Jones is above the support level of $44,534. This support level is very important to continue the upward movement. If the price manages to maintain this level and continue to move above it, we can expect the price to increase and reach higher resistance levels. As long as the price remains above the $44,534 support, the next resistance target will be $45,949. Technically, this resistance level is a key target for the continuation of the upward trend, and if the price reaches it and does not cross it, it can start a new wave of buying and increasing the price. Also, considering the strength of the upward trend and the position of the price inside the channel, this resistance target is considered as a sign of market strength, and its achievement can be an important milestone in the next movement of the market.
BLACKBULL:US30Long
by arongroups
1
Weekly Forex Forecast: SP500, NAS, DOW ... Wait For BUYS!The equity markets closed the month with all time highs. Next week, there should be some carry over. The week may open bearish in the short term, but I believe longs will be the ticket to ride! * I will consider longs in SP500 and DOW before buying the NASDAQ, as it is weaker. There, I would take valid sells before I short SP500 or DOW JONES. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CBOT_MINI:YM1!Long
by RT_Money
4
DOW JONES (1h) Death Cross turning into a buy signal soon.Dow Jones is trading inside a Channel Up that is long term supported by the MA50 (1d). On Monday we will see a Death Cross (1h), which inside the Channel Up has been usually formed halfway through a Channel Down/bearish leg that forms the new Low. Trading Plan: 1. Buy by next Wendesday the latest. Targets: 1. 46000 (under a +8.31% rise from the last Low, which is where the October 18th High was priced). Tips: 1. The RSI (4h) tends to form a bottom when it hits 30.00 (oversold limit). Be ready to buy if it hits that level earlier than next Wednesday. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US30Long
by TradingBrokersView
DOW JONES: Short term consolidation to lead to 46,100.Dow Jones is on a very healthy bullish 1D technical outlook (RSI = 64.961, MACD = 523.800, ADX = 24.313) as the bullish trend inside the 5 month Channel Up is still intact. In fact it is not just intact but the index is basically on All Time High levels, supported by the 4H MA50. The Channel Up is highly symmetric and technically we believe we are on the same level as September 30th. The index was inside a shorter term Channel Up, which after a 4H MA100 test, it rallied to the 1.5 Fibonacci extension. The bearish divergence on the 4H RSI was as evident then as it is now. The two fractals are virtually identical, hence we project a similar result. Buy and target the 1.5 Fib (TP = 46,100). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Long
by InvestingScope
1
DOW JONES High Channel Up symmetry points to 46000.Dow Jones (DJI) easily hit our 45000 Target as suggested on our November 20 idea (see chart below), and immediately turned sideways, consolidating basically for the past 6 days: This is not the first time that we've come across this consolidation within the 4-month Channel Up as the exact same sequence was last seen during September 20 - October 08. As with today's price action, the consolidation also took place above the 1.0 Fibonacci level and once completed, it gave one final push to the 1.5 Fibonacci extension before correcting back to the 1D MA50 (blue trend-line). As a result, we now set a new Target for the end of the year at 46000. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US30Long
by TradingShot
DOW JONES targeting 165000 in the next 8 years.Dow Jones / US30 is following very distinct and easily recognizable patterns over the years and decades and this chart gives you the complete picture since the 1930s and the Great Depression. We are currently well underway inside the Bull Cycle, which is the market's 3rd major these past 100 years. With the support of the 1M MA50, this Bull Cycle (via a Channel Up pattern) is expected to continues rising until the point it breaks aggressively over the pattern towards the last years of the Bubble in 2029-2033. From bottom to top, the previous two Bull Cycles rose by an incredible +2500%. This means that long term and patient investors can still buy now and enjot another 8 years of immense growth and returns, targeting 165000. Note that the RSI underneath the chart is on the 12M timeframe but achieves displaying the situatio more accurately than any. Clear Bear Cycle bottoms and breakouts over the MA when the Channel Up Bull Cycle started among all Cycles. Follow us, like the idea and leave a comment below!!
TVC:DJILong
by TheCryptagon
DOW JONES: A few days of consolidation can push it to 46,100Dow Jones is almost overbought on its 1D technical outlook (RSI = 68.114, MACD = 449.010, ADX = 35.064) and is printing a sequence much like post September 20th. That was a consolidation Channel that paved the way to the next bullish wave on the 1.5 Fib extension. This is a 4 month Channel Up supported by the 1D MA50. As long as it does, aim for the 1.5 Fib (TP = 46,100). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Long
by InvestingScope
1
US30 / Bearish Momentum After New ATH at 45,025Technical Analysis The price recorded a new ATH at 45,025 yesterday before dropping. It now shows a bearish volume, with potential targets at 44,530 and 44,400. Bearish Scenario: As long as the price trades below 45,020 and 44,830, the bearish trend is expected to continue toward 44,530 and 44,410, especially if it stabilizes below 44,790. Bullish Scenario: The price must stabilize above 45,050, confirmed by a 4-hour candle close, to target 45,200. Key Levels: Pivot Point: 44830 Resistance Levels: 44920, 45025, 45200 Support Levels: 44530, 44410, 44280
OANDA:US30USDShort
by SroshMayi
DOW JONES is respecting our major August buy call beautifully.Dow Jones (DJI) is about to hit the 45000 Target on our last buy call (November 20, see chart below) and complete a +8.30% Bullish Leg rise within the Channel Up that started on the August 05 Low: We are very pleased also to see the index making enormous progress after our big August buy (Aug 07 idea, see below) which was exactly on the last major Low of Dow: As you can see, we successfully formulated that trade based on the extremely symmetric price action of 2016 - 2017. We've explained the notion on the previous idea, but we will refresh your memory if you read this analysis for the first time. Dow was already trading within a Rising Wedge pattern in 2016, which towards its end broke upwards and first completed a +19.50% rally. The second Leg of the Bull rally was completed on a +30.70% rise from the pull-back Low and then the markets entered the multi-month volatile period of the U.S. - China trade wars. Key Lows of the Bull Rally were made in October 2016, April 2017 and the last in August 2017. It is important to note that after the August 2017 Low, the index had the most aggressive part of the rally, attached to the top band of the Bollinger Bands range, which is what we've called before "riding the BB wave". Back to more recently and the Rising Wedge that started in 2022, it broke upwards in identical fashion as 2017 (first Leg +23.40%, Lows in October 2023, April 2024 and the most recent August 2024, which as you saw was our last major buy). Even the 1W RSI sequences between the two fractals are similar. What's left now is for Dow to complete a +30.70% rise from the August 2024 Low, in order to conclude the pattern from 2017. Our long-term Target since August remains thus intact at 49000. Keep in mind that this is the essence of long-term investing/ trading and this is the strategy with the highest winning rate. Note also that if it takes the same time to conclude as the 2017 Leg did from the August 2017 Low (green Rectangle, 168 days), then the peak should be formed end of January/ early February 2025. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
6
US30 H4 | Bullish ContinuationBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 44,519.67, which is an overlap support. Our take profit will be at 45,532.41, aligning with the 161.8% Fibo extension The stop loss will be placed at 43,382.83, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:US30Long
by FXCM