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Dowjones

US30 Intra-Week Analysis April 23rd 2024After creating a double top at All-Time-Highs, us30 began a steady bearish correction back to the 37200 key level. Then rejecting and still maintaining the overall bearish market structure on higher timeframes. Now looking on the daily timeframe we see a strong hammer head candle formation after rejecting 37200, indicating a reversal and potential bullish move. This week if we fail to see price close above 38600 we can expect a slight pullback to 38000 before looking for continued buys.
CAPITALCOM:US30
by Itskaleel
The idea of a bullish scenario! Think about structureEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody The bearish scenario of any corrective pattern and trend continuation
ICMARKETS:US30Long
by Mehdi_Abbasi_EWP
Hellena | DJI (4H): Long to the resistance area of 38458.Dear colleagues, I believe that wave "4" is not yet completed. To complete it, it is necessary to complete the double zig-zag. I expect that the movement "c" will end in the area of 37350, then I expect growth and the beginning of wave "5" with the goal to reach at least the resistance area of 38458. Be careful, perhaps wave "c" will be a bit shorter and it will mean that the upward movement will start earlier. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
TVC:DJILong
by Hellena_Trade
⭐️ Nasdaq’s 430-Pip Profit Play & Forecast : More Fall Ahead ? By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we can come back with a SELL position! I hope you have used it! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
CAPITALCOM:US100Short
by ArmanShabanTrading
4
Liquidity Crisis may happen, Market TOPPED OUTLiquidity Crisis may happen most of hedgefund did buying treasury bond and then treasury bond margin loan , so they made almost 50x leverage on bond market times over and over now only t-bill s gonna be recognized as collateral so t-bill market happend this method But NFP is too strong, FED didn't do Rate Cut now So t-bill is bubbled now, we are gonna kill it and stock market just knew there's plenty of liquidity until today Only when the tide goes out do you discover who's been swimming naked. So market topped out
TVC:NDQShort
by newjeansoldjean
5
US30Identify which phase of the market you are currently in. DAILY Still in the correct phase of the bull trend. 37060, our significant support area where we believe the correction phase will start to phase out. We had an ascending wedge, which we broke and have just kept going down since then, forming bear flags on the way down. 4H The flat flag pattern is not confirmed as we only have 2 touches on either side, with price hanging in the middle we watch and stay waiting. We have placed to trade ideas, one is the super risk entry the other is the reduced entry. The risk is triggered and we just waiting for the reduced entry to be triggered. 1H Forming a pattern within a pattern (another bear flag) within the possible flat flag. So we can believe the trend we have concluded the bear movement.
PEPPERSTONE:US30Short
by Mhangwane1
Dow Jones: Analyzing Market Sentiment Amidst Powell's RemarksThe Dow Jones Industrial Average, a bellwether index reflecting market sentiment and economic outlook, experienced a notable shift in dynamics following remarks by Federal Reserve Chair Jerome Powell. After a previous push-down impulse triggered by Powell's speech yesterday, the index exhibited a remarkable recovery during the Asian session, opening the new session with bullish sentiment. Powell's indication of a "higher for longer" stance swiftly reversed the previous bearish sentiment, highlighting the market's sensitivity to central bank communications. However, amidst the bullish momentum, the market faces a balancing act as hawkish remarks from Powell and lingering geopolitical risks offset positive developments such as robust quarterly earnings from UnitedHealth and Morgan Stanley. The juxtaposition of these factors underscores the intricacies of market dynamics, where sentiment can quickly pivot in response to changing narratives. From a technical perspective, the Dow Jones remains in a bearish retracement phase. However, an intriguing observation emerges on the H4 timeframe, where divergence in price signals a potential shift in momentum. This divergence, coupled with the bullish sentiment observed during the Asian session, suggests that the index may be poised for growth in the near term. In light of these developments, our strategy revolves around a scalping setup with a focus on short-term gains. We advocate for a close take profit approach, capitalizing on the current momentum while remaining cognizant of potential market fluctuations. Furthermore, we envision a longer setup, aligning with historical data indicating a statistical bias towards long positions during this part of the year, particularly in April.
BLACKBULL:US30Long
by FOREXN1
1
S&P500(US500):🔴Is it Bearish...?!🔴(Details on caption)By examining the ES1! 4-hour chart (S&P), we can figure out that, the market structure is bearish, so we looking for a sell position. In that case, the price had a bearish reaction to all of the bearish Pd Array, so we can expect a bearish reaction on the balance price range (BPR). In my perspective, sell-side liquidity is a draw on liquidity. Until this sell-side is not purging I don't think about buy position. 💡Wait for the update! 🗓️15/04/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
CME_MINI:ES1!Short
by VahidTradingCR
1
Three correction waves! But what kind of pattern is formed?Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody
BLACKBULL:DJ30.FShort
by Mehdi_Abbasi_EWP