DOW JONES Massive 1D MA200 reversal for Cup and Handle?Dow Jones (DJIA) has been trading within a Channel Up since the September 2022 market bottom. Throughout this long-term structure, Cup and Handle (C&H) patterns have emerged that were always contained above the 1D MA200 (orange trend-line) and subsequently initiated a rebound to at least the 1.382 Fibonacci extension before the next pull-back.
The 1D MA200 is right below us at the moment and the current C&H seems to be on the verge of completing its Handle. Moreover, the 1D RSI is on its usual Higher Lows trend-line that prompts to a the most optimal buy entry. We're bullish, targeting 46400 (the 1.382 Fibonacci extension).
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Dowjones
US30 - Clean and Clear!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last US30 analysis attached on the chart, it rejected the upper bound of the range and has been trading lower.
What's next?
📦We will be trading the range as long as it holds.
🏹As US30 approaches the lower bound of the range around $42,000, I will start looking for bullish reversal setups.
For now, we wait! ⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Dow INTRADAY Key Trading Levels ahead of US OpenThe Dow Jones Industrial Average (US30) index maintains a bullish outlook within its long-term uptrend. However, after reaching an all-time high on December 4, 2024, price action has entered a sideways consolidation phase, suggesting indecision in the market.
________________________________________
Bullish Scenario:
• The 42980 level serves as a critical support zone, aligning with the previous consolidation range and the rising trendline.
• A pullback to this level, followed by a bullish rebound, would reaffirm the uptrend and could trigger upside momentum.
• Potential upside targets include:
44240 (20-day moving average)
44660 (next resistance level)
45000 (key psychological resistance)
A strong recovery from 42980 would reinforce bullish sentiment and indicate a continuation of the broader uptrend.
________________________________________
Bearish Scenario:
• A confirmed break below 42980, with a daily close beneath this level, would signal weakness in the uptrend.
• This could lead to a deeper retracement, exposing key downside levels:
42520 (next significant support)
41920 (200-day moving average), a critical level for long-term trend validation
A sustained breakdown below 42980 could shift sentiment in favour of sellers, increasing the probability of further declines.
________________________________________
Market Outlook:
The 42980 level remains pivotal—holding above this zone will keep the bullish trend intact, while a decisive break lower could trigger an extended pullback. Traders should watch for price action signals and volume confirmation at this key level to assess the market's next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bearish drop?Dow Jones (US30) is rising towards the pivot which acts as an overlap resistance and could drop to the pullback support.
Pivot: 43,026.07
1st Support: 42,138.59
1st Resistance: 43,672.97
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DOW JONES: 1D MA200 and Channel Up bottom. Bullish.Dow Jones is bearish on its 1D technical outlook (RSI = 36.722, MACD = -181.150, ADX = 58.438) as it is running the bearish wave of the 16 month Channel Up. Being so close to the 1D MA200 has been a buy signal since November 2nd 2023. Additionally, the price just hit the 0.382 Fibonacci level from the last consolidation phase. If that's confirmed, then the index is about to complete the new consolidation phase. The target on the previous one has been at least the 3.0 Fibonacci extension. The trade is long, TP = 50,500.
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Dow Jones: Neutrality Strengthens Around 44,000 PointsThe Dow Jones Industrial Average has fluctuated within a 1% range over the past few trading sessions, encountering a neutral barrier near the 44,000-point zone.
For now, investors remain cautious as uncertainty grows amid trade and diplomatic tensions from the White House with multiple countries. This prolonged uncertainty has reinforced a neutral bias in recent price movements.
Persistent Neutrality
Currently, the Dow Jones remains trapped in a sideways range, with:
45,000 resistance at the upper boundary.
42,300 support at the lower boundary.
The price remains in the middle of this range, reinforcing the market’s indecision. As long as price action stays within this zone, the neutral structure may extend further in the coming sessions.
MACD Indicator
MACD movements confirm the current neutral market outlook. Both the MACD line and signal line remain oscillating near the 0 neutral zone.
The histogram also remains close to 0, indicating low momentum. As long as these conditions persist, price neutrality is likely to continue in the coming sessions.
Key Levels to Watch:
45,000 – Key Resistance:
Upper boundary of the sideways range.
A breakout above this level could mark new highs, potentially reviving the long-term uptrend that has been stagnant in recent weeks.
43,000 – Neutral Zone:
Converges with the 50-period and 100-period moving averages.
Also aligns with the 38.2% Fibonacci retracement level.
The most important short-term barrier that could limit any short-term bullish attempt.
If price fails to reclaim this level, bearish momentum could grow.
42,000 – Critical Support:
Lower boundary of the sideways channel. A break below this level could create a stronger bearish bias, potentially threatening the long-term uptrend that has been in place since last year.
By Julian Pineda, CFA – Market Analyst
Dow Oversold reversal, The Week Ahead 03rd March '25The Dow Jones Industrial Average (US30) index maintains a bullish outlook within its long-term uptrend. However, after reaching an all-time high on December 4, 2024, price action has entered a sideways consolidation phase, suggesting indecision in the market.
________________________________________
Bullish Scenario:
• The 42980 level serves as a critical support zone, aligning with the previous consolidation range and the rising trendline.
• A pullback to this level, followed by a bullish rebound, would reaffirm the uptrend and could trigger upside momentum.
• Potential upside targets include:
44240 (20-day moving average)
44660 (next resistance level)
45000 (key psychological resistance)
A strong recovery from 42980 would reinforce bullish sentiment and indicate a continuation of the broader uptrend.
________________________________________
Bearish Scenario:
• A confirmed break below 42980, with a daily close beneath this level, would signal weakness in the uptrend.
• This could lead to a deeper retracement, exposing key downside levels:
42520 (next significant support)
41920 (200-day moving average), a critical level for long-term trend validation
A sustained breakdown below 42980 could shift sentiment in favour of sellers, increasing the probability of further declines.
________________________________________
Market Outlook:
The 42980 level remains pivotal—holding above this zone will keep the bullish trend intact, while a decisive break lower could trigger an extended pullback. Traders should watch for price action signals and volume confirmation at this key level to assess the market's next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Dow Jones Testing Key Support – Bounce or Crash Ahead?The Dow Jones Industrial Average (DJIA) is currently testing a key rising trendline support, which has been a strong foundation for its uptrend since 2023. Holding this level could signal a continuation of the bullish momentum, while a breakdown may lead to a deeper correction. If the price fails to hold above this trendline, the next significant support lies around 41,000-40,000, a zone that previously acted as resistance and is now a psychological support level. In case of further weakness, the long-term trendline support around 38,000-39,000 could come into play, aligning with the Ichimoku cloud support.
For the bullish scenario to remain valid, DJIA needs to sustain above the rising trendline and reclaim recent highs. However, if sellers gain control and push prices lower, a broader pullback could unfold. Overall, the market remains in an uptrend as long as key support levels hold, but price action in the coming weeks will determine whether the index continues upward or undergoes a deeper correction.
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Dow long term uptrend intact The Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, the previous consolidation zone and the rising support trendline. A corrective pullback from the current levels and a bullish bounce back from the 42980 level could target the upside resistance at 43800 followed by the 44080 and 44540 levels over the longer timeframe.
Alternatively, a confirmed loss of 42980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 42520 support level followed by 41820 (200 Day Moving Average).
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Dow Theory Part 1 | Univers Of Signals AcademyWelcome to the Educational Content Section of Our Channel Technical Analysis Training
We aim to produce educational content in playlist format that will teach you technical analysis from A to Z. We will cover topics such as risk and capital management, Dow Theory, support and resistance, trends, market cycles, and more. These lessons are based on our experiences and the book The Handbook of Technical Analysis
🎨 What is Technical Analysis?
Technical Analysis (TA) is a method used to predict price movements in financial markets by analyzing past data, especially price and trading volume. This approach is based on the idea that historical price patterns tend to repeat and can help traders identify profitable opportunities.
🔹 Why is Technical Analysis Important?
Technical analysis helps traders and investors predict future price movements based on past price action. Its importance comes from several key benefits:
Faster Decision-Making: No need to analyze financial reports or complex news—just focus on price patterns and trading volume.
Better Risk Management: Tools like support & resistance, indicators, and chart patterns help traders find the best entry and exit points.
Applicable to All Markets: Technical analysis can be used in Forex, stocks, cryptocurrencies, commodities, and even real estate.
Understanding Market Psychology: Charts reveal investor emotions like fear and greed, allowing traders to react accordingly.
📌 Real-Life Example
Imagine you own a mobile phone shop and want to predict whether phone prices will go up or down in the next few months.
🔹 Fundamental Analysis Approach
You follow the news and see that the USD exchange rate is rising, and phone manufacturers plan to increase prices. Based on this, you predict that phone prices will go up soon.
🔹 Technical Analysis Approach
You analyze past price trends and notice that every year, phone prices tend to increase before the New Year. This pattern has repeated for several years, so you assume it will happen again. As a result, you buy stock before the price hike and make a profit.
This example shows that technical analysis allows you to make decisions based on past market behavior without relying on external news.
📊 Introduction to Dow Theory
Today, for the first part of our lessons, we will begin with Dow Theory, which was developed by American journalist Charles Dow. Many traders still use this method for analysis and trading.
Dow Theory is one of the fundamental concepts in technical analysis, developed by Charles Dow, the founder of The Wall Street Journal and co-founder of the Dow Jones Industrial Average (DJIA). This theory provides a structured approach to understanding market trends and price movements and is still widely used today by traders and analysts.
Dow Theory consists of six core principles, which we will explain in detail:
📑 Principles of Dow Theory
1 - The Averages Discount Everything (Not applicable to crypto)
2 - The Market Has Three Trends
3 - Trends Have Three Phases
4 - Trend Continues Until a Reversal is Confirmed
5 - The Averages Must Confirm Each Other
6 - Volume Confirms the Trend
💵 Principle 1: Price is All You Need
According to this principle, all available information is already reflected in asset prices. This includes economic data, political events, earnings reports, trader expectations, and even market sentiment.
If a company releases strong earnings, its stock price might not rise significantly because investors had already anticipated this and bought in advance.
❗ Why This Is Important
Technical analysts focus on price movements rather than external news since all information is already factored into the market.
Instead of reacting to news, traders analyze historical price trends to predict future price movements.
📊 Principle 2: The Market Has Three Types of Trends
Dow Theory states that markets move in three types of trends, each occurring over different timeframes:
1 - Primary Trend: This is the main movement of the market, dictating the long-term direction, and can last for years.
2 - Secondary Trends: These are corrective movements that run opposite to the primary trend. For instance, if the primary trend is bullish, the corrective trend will be bearish. These trends can last from weeks to months.
3- Minor Trends: These are the daily price fluctuations in the asset. Although minor trends can last for weeks, their direction will always align with the primary trend, even if they contradict the secondary trend.
💡 Final Thoughts for Today
This is the end of this part, and I must say we have a long journey ahead. We will continually strive to produce better content every day, steering clear of sensationalized content that promises unrealistic profits, and instead, focusing on the proper learning path of technical analysis.
⚠️ Please remember that these lessons represent our personal view of the market and should not be considered financial advice for investment.
US30 sellOverall Trend:
The overall trend has been bullish, but there has been a breakout below the ascending trendline.
The price is currently retracing towards support zones.
Key Levels:
Main Resistance: Range between 45,208 - 45,300 (upper red zone)
Main Support: Range between 44,300 - 44,500 (lower red zone)
Important Mid-Level: Around 44,866
Trading Scenario:
After hitting resistance, the price has started a correction.
The highlighted green area marks a potential entry zone.
📉 Trading Signal:
🔹 Enter Short Position:
If the price pulls back to the 44,600 - 44,700 area and shows signs of bullish weakness, a short position could be considered.
🔹 Stop Loss:
Above the resistance zone at 45,208 (e.g., around 45,300)
🔹 Take Profit:
First level at 44,300
Second level at 43,663 (shown on the chart)
Third level at 43,140 if the downtrend continues
🔹 Risk Management:
The risk-to-reward ratio for this trade seems reasonable. Reassess the trade if the price breaks above 44,866.
✅ Conclusion:
Currently expecting a bearish correction, but if reversal candles or weakness in sellers are observed at support levels, there might be a chance for a trend change.
DOW pullback triggered by weak US consumer confidenceThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, the previous consolidation zone and the rising support trendline. A corrective pullback from the current levels and a bullish bounce back from the 42980 level could target the upside resistance at 43800 followed by the 44080 and 44540 levels over the longer timeframe.
Alternatively, a confirmed loss of 42980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 42520 support level followed by 41820 (200 Day Moving Average).
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
DOW JONES Cup and Handle completed and eyes a new ATH.Dow Jones (DJIA) has been trading within a Channel Up since the October 2022 market bottom of the Inflation Crisis. Inside this pattern, four Cup and Handle (C&H) formations have occurred with the most recent one, about to complete its Handle this week.
All such C&H patterns, rebounded to at least the 1.382 Fibonacci extension before the next pull-back. As a result, our Target before May remains 46400.
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** 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. **
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US30 Dow Jones Equal Lows & Structure Shift - Is This Reversing?The US30 is showing key signs that could point to a potential reversal. 🔄 On the 4-hour timeframe, we can see equal lows 🟢 that have been tested three times, followed by a liquidity sweep 💧 and a sharp rally 🚀—indicating possible accumulation by larger market participants.
For confirmation of a Dow Jones bullish reversal, we’ll need to see a pullback forming a higher low 🔽 and then a break in market structure to the upside 📊. In this analysis, we dive into potential price action scenarios based on specific conditions outlined in the video 🎥. If these conditions are not met, the setup will be invalidated ❌.
⚠️ This is for informational purposes only and should not be considered financial advice. 💼
DOW JONES Bull Flag completed. Massive rally ahead.Dow Jones / US30 has completed a Channel Down on the 0.5 Fibonacci retracement level.
This pattern is nothing more than a Bull Flag based on September's similar structure that also hit the 0.5 Fib and 1day MA50 and bottomed.
This time, the 1day RSI is also on a Rising Support.
Both corrections took place after a +8.15% rise and September's then went on to rebound to the 1.5 Fib extension.
Buy and target 46700.
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The Dow Jones Industrial Average (^DJI) Dips 1.69% The Dow Jones Industrial Average (^DJI), a price-weighted measure of 30 U.S. blue-chip companies across various industries except transportation and utilities, faced a notable downturn in Monday’s premarket session. Despite a positive movement in U.S. equity futures, the index saw a 1.69% decline, with its 1-month low serving as a critical support level. A break below this level could see the Dow finding support around the $42,000 region.
Technical Analysis
The Dow Jones (^DJI) is currently hovering near its 1-month low, which is acting as a key support zone. If the index fails to hold this level, it could face further downside pressure, potentially testing the $42,000 mark as the next major support. The overall sentiment in the stock market remains cautious, with investors monitoring upcoming economic reports and corporate earnings that could influence market direction.
Meanwhile, the broader market selloff has had a ripple effect, with the Nasdaq falling 2.5% on Friday, marking its worst weekly decline in three months. The S&P 500 also erased its February gains, while the Dow dropped nearly 750 points over the past week. The weakness in equities has largely been driven by concerns over slowing economic activity, disappointing PMI data, and rising inflation expectations.
Economic Uncertainty & Corporate Earnings
The broader stock market has been navigating economic uncertainty, with recent data signaling potential challenges. A disappointing services sector report from S&P Global’s PMI survey and a surge in inflation expectations from the University of Michigan’s consumer survey contributed to market jitters. Investors are now turning their attention to **this week’s key economic data releases, including:
- Thursday: Second estimate of U.S. Q4 GDP from the Commerce Department
- Friday: PCE price index data (the Fed’s preferred inflation gauge) from the Bureau of Economic Analysis
These reports will play a crucial role in shaping market sentiment, particularly with **inflation and economic growth concerns** taking center stage.
Market Reaction: A Positive Start to the Trading Day?
Despite the premarket dip in the Dow, U.S. equity futures suggest a potential recovery:
- S&P 500 futures indicate a 32-point gain at the opening bell
- Dow Jones futures suggest a 297-point advance
- Nasdaq futures are up 93 points, driven by premarket activity in Nvidia, Tesla (TSLA), and Intel (INTC)
Additionally, Berkshire Hathaway (BRK.B) shares are up 1.4% after Warren Buffett’s investment firm reported its third consecutive year of record profits, with a staggering $334.2 billion cash reserve.
Conclusion
The Dow Jones Industrial Average continues to face uncertainty amid economic headwinds and a volatile earnings season. While support at the 1-month low remains crucial, a break below could lead to a test of the $42,000 level. The upcoming economic data and Nvidia’s earnings report will be critical in determining whether the market can regain momentum or if further downside risks persist.
$US30 DOW JONES—STEADY AMID THE STORMDOW JONES—STEADY AMID THE STORM
(1/9)
Good morning, Tradingview! The Dow Jones is the cool-headed cousin—less wild than Nasdaq’s growth party 📈🔥. Blue-chip stability shines, even as inflation bites—let’s unpack it! 🚀
(2/9) – WHY SO CALM?
• Makeup: 30 big, steady names—Walmart, Goldman 💥
• Price-Weighted: High flyers lead, not tech zingers 📊
• Edge: Less sway from growth stock swings
Dow’s the tortoise—slow and steady wins?
(3/9) – RECENT VIBES
• Feb 22: 1.7% dip—support at 43,400 holds 🌍
• VIX: Stays chill—Nasdaq would’ve freaked 🚗
• CPI Hit: 400-point drop, 300 back—meh 🌟
Stability’s the Dow’s secret sauce!
(4/9) – SECTOR SNAP
• Vs. Nasdaq: Tech’s jittery—Dow’s diversified 📈
• Volatility: ~15-20% vs. Nasdaq’s 25-30%
• Champs: Blue-chips buffer the chaos
Steadier ship—less Nasdaq nuttiness! 🌍
(5/9) – INFLATION RIPPLES
• CPI Spike: 3% YoY—400-point jolt ⚠️
• Fed: No rush to cut—rates sting 🏛️
• X Buzz: Tariffs, inflation spook recovery 📉
Even the Dow feels the heat—but shrugs!
(6/9) – SWOT: STRENGTHS
• Stability: Blue-chip backbone holds firm 🌟
• Dividends: Cash flows steady the ship 🔍
• Mix: Less tech tantrums—broad base 🚦
Dow’s the rock in choppy waters!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: Inflation nicks costs—ouch 💸
• Opportunities: Safety shines if tech flops 🌍
Can Dow dodge the inflation blues?
(8/9) – Dow’s steady play—what’s your vibe?
1️⃣ Bullish—Stability’s golden.
2️⃣ Neutral—Holds, but inflation looms.
3️⃣ Bearish—Growth wins anyway.
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
Dow’s less jittery—blue-chips cushion the storm 🌍🪙. Inflation’s a nag, but stability rules. Rock or relic?
"US30/DJ30" Indices CFD Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US30/DJ30" Indices CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the breakout (44,000.0) then make your move - Bearish profits await!"
however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at 44,600.0 (swing Trade Basis) Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 43,000.0 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
"US30/DJ30" Indices CFD Market is currently experiencing a Bearish trend., driven by several key factors.
⚪Fundamental Analysis
The US30 index is influenced by the overall performance of the US economy, including GDP growth rate, inflation, and interest rates. Currently, the US economy is experiencing a moderate growth rate, with a slight increase in inflation.
🔴Macroeconomic Analysis
The Federal Reserve has maintained a hawkish stance, with interest rates expected to remain high in the short term. This has led to a strengthening of the US dollar, which may impact the US30 index.
🟢COT Data Analysis
The Commitments of Traders (COT) report shows that commercial traders are net short, while non-commercial traders are net long. This indicates a potential trend reversal.
🟡Sentimental Analysis
Market sentiment is slightly bearish, with 55% of traders holding short positions.
🟤Positioning Data Analysis
Institutional traders are holding short positions, while corporate traders are holding long positions. Banks are maintaining a bearish stance.
🔵Market Sentiment
- Institutional Traders: 60% bearish, 40% bullish
- Hedge Funds: 70% bearish, 30% bullish
- Retail Traders: 55% bullish, 45% bearish
🟣Overall Outlook
The US30 index is expected to remain volatile in the short term, with a slight bearish bias due to the hawkish stance of the Federal Reserve. However, the index's movement will largely depend on the overall performance of the US economy and global economic trends.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Dow drops on inflation expectations of US consumersThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, previous consolidation zone and the rising support trendline . A corrective pullback from the current levels and a bullish bounce back from the 42980 level could target the upside resistance at 43680 followed by the 44080 and 44540 levels over the longer timeframe.
Alternatively, a confirmed loss of 42980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 42520 support level followed by 41820 (200 Day Moving Average).
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