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US30

US30 longHere is why; Weekly Price broke beneath 40,000 resistance level and price has not retested that level. We see that there is a lot of bullish momentum that has been picked up from 38,500 due to last week's candlestick closure Everything is pointing towards price going to test 40,000 Daily We see that price too a lot of buy orders from 38,500. Price broke and retested 39,300 region three times before finally heading northwards The next target is 40,000 4 hour Price today has closed above 39,720 and I expect for price to test the region before heading upwards. However, for now it is not clear what price will do, so it is best I just sit on my hands.
FX:US30Long
by kingmwenja
DOW JONES New Bullish Leg to beginLast week (August 07, see chart below) we made a long-term case of why Dow Jones (DJI) is poised to technically start a new aggressive rally 'right under our nose' and before that (July 25, see chart below), why at the time the correction wasn't over: As you can see, the index found support on our low tier near the 1D MA200 (orange trend-line) and as the April 19 Low, it touched the 0.5 Fibonacci retracement level of the 2-year Channel Up (chart 2 above). Back to today's analysis, the price has already rebounded at the bottom of April's Channel Up and has found its first Resistance on the 1D MA50 (blue trend-line). The final confirmation of this Bullish Leg will be when the 1D MACD forms a Bullish Cross as it did on June 18 and April 25. Since the Bearish Legs of this Channel Up have been almost the same percentage wise (-6.84%) we expect the Bullish Legs to be too. With the first Bullish Leg being at +11.13%, our medium-term Target is 42400 (just below a potential +11.13% rise). ------------------------------------------------------------------------------- ** 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
Market Awaits PPI Insights as Futures Trade MixedFutures Mixed as PPI Data to Kick Off a Crucial Economic Week U.S. stock index futures showed mixed performance on Tuesday as investors awaited the producer prices index (PPI) data, which is expected to provide insights into the Federal Reserve's future interest-rate decisions. Meanwhile, Home Depot shares declined following a downward revision of its full-year profit forecast. Current Outlook: As long as the price remains above 39,250 and 39,130, the trend suggests an upward movement. Bullish Scenario: Stability above 39,250 could signal a bullish trend, with potential targets at 39,560 and 39,820. Bearish Scenario: The bearish outlook will be confirmed if the price stabilizes below 39,130, particularly if a 4-hour candle closes under this level, indicating a potential move toward 38,770 and 38,500. Key Levels: - Pivot Line: 39,350 - Resistance Levels: 39350, 39550, 39930 - Support Levels: 39250, 39130, 38780 Today's Expected Trading Range: The price is expected to fluctuate between support at 39,130 and resistance at 39,570.
OANDA:US30USDLong
by SroshMayi
NASDAQ - US100 Facing Bearish PressureThe CAPITALCOM:US100 index is currently facing significant downward pressure, largely due to mounting concerns about the U.S. economy. The potential for a recession is growing as recent data points to an increase in unemployment claims, and the Federal Reserve has decided to delay interest rate cuts. This has created uncertainty in the markets, as higher unemployment could lead to reduced consumer spending, further exacerbating the economic slowdown. The anticipation of prolonged higher interest rates is also weighing on investor sentiment, making the stock market, particularly tech-heavy indexes like NASDAQ, more vulnerable to declines. Technically, the BLACKBULL:NAS100 index has been following a clear pattern of reactions to its trendlines. The index recently fell and touched the third trendline support, which has historically been a critical level for determining market direction. After this touch, the index attempted a recovery, moving back towards the second trendline, which now acts as a breakeven point. However, the failure to break through this level and the subsequent rejection suggests that the bears are firmly in control. The pattern indicates that the index may face further declines, particularly if it breaches the third trendline support. In conclusion, both fundamental and technical factors are pointing towards a bearish outlook for the NASDAQ index. The rising possibility of a recession, driven by increasing unemployment claims and the Fed’s cautious approach to rate cuts, has dampened investor sentiment. On the technical side, the index’s inability to reclaim key trendline supports indicates that more downside is likely. As a result, investors should be cautious and prepared for potential further declines in the NASDAQ index in the coming weeks.
CAPITALCOM:US100Short
by Sober_Trading
US30 Chaos and How to deal with itAs I would have mentioned within the last video I posted I was actually expecting a pullback - well it turned out to be a full on retracement and that forced me to stop trading because the momentum literally went against what I was expecting. This is to show how we can use probability, timing and momentum to make informed decisions on what trades we should and shouldn't take. Hope you have a good day today Look out for the next video I am going to post on GOLD
FX:US30
by Brandon_evo4
Dow Jones Index (US30): Detailed Support and Resistance Analysis Here is my latest structure analysis and important key support and resistance levels to pay close attention to. Vertical Structures Vertical Resistance 1: Rising trend line Horizontal Structures Support 1: 38250 - 38550 area Support 2: 38015 - 38105 area Resistance 1: 39500 - 39700 area Resistance 2: 39800 - 39960 area Resistance 3: 40900 - 41415 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
BLACKBULL:US30Short
by VasilyTrader
1
US30 Buys !!!!US30 Buys **Trade Idea:** - **Instrument:** Dow Jones Industrial Average (DJIA) Index - **Timeframe:** 1 Hour **Setup:** - The price is currently bouncing off the 0.618 Fibonacci retracement level, which suggests a potential continuation of the bullish trend. - The 200 EMA (black line) is serving as dynamic support, reinforcing the bullish momentum. - The formation of higher lows and the breakout above the 50 EMA (red line) further confirms the strength of the uptrend. **Trade Entry:** - **Buy Entry:** Enter a long position at the current price level around 39,640, after confirming a strong bullish candle above the 50 EMA. **Targets:** - **Primary Target (TP1):** The first target is set near the 0.786 Fibonacci retracement level around 40,520, aligning with a significant resistance area. - **Secondary Target (TP2):** The ultimate target is near the previous high at around 41,415. **Stop Loss:** - **Stop Loss (SL):** Set the stop loss just below the 0.5 Fibonacci level, around 39,207, which coincides with recent lows and provides a good risk-reward ratio. **Risk Management:** - Ensure that the risk-reward ratio is favorable, ideally at least 1:2. - Adjust the position size to maintain proper risk management based on your trading plan. **Additional Notes:** - Monitor the price action closely as it approaches the 40,520 level. If the price shows signs of rejection, consider securing partial profits or adjusting the stop loss to breakeven. - Be aware of any macroeconomic events or news releases that could impact market sentiment. --- This trade idea is based on technical analysis and should be executed with caution, considering all potential risks involved.
BLACKBULL:US30Long
by Sthesh_Don_Billiato
4
US30 Will Go Lower From Resistance! Sell! Please, check our technical outlook for US30. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 39,451.36. Taking into consideration the structure & trend analysis, I believe that the market will reach 38,896.02 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BLACKBULL:US30Short
by SignalProvider
2
Dow Jones Index (#US30): Your Trading Plan Explained Dow Jones is currently stuck on a key daily/intraday horizontal resistance. The price is trading within a narrow range on that on a 4H time frame. Your confirmation to sell the Index will be a bearish breakout of the support of the range. A 4H candle close below 39325 will confirm the violation. A bearish continuation will be expected to 38890 then. Alternatively, a bullish breakout of the underlined blue resistance will push the market higher. ❤️Please, support my work with like, thank you!❤️
BLACKBULL:US30Short
by VasilyTrader
3
Dow Jones Faces Strong Resistance: Bearish Reversal in Play?The chart highlights a gray resistance zone at the top, indicating an area where the price has struggled to break through. This zone represents a strong supply area where sellers are entering the market. The purple horizontal lines represent key support levels at approximately 39,200, 39,000, and 38,800. These levels are critical points where the price may find buyers or continue its bearish momentum. The price recently approached the upper resistance zone but failed to break above it. The candlesticks show a series of wicks near the resistance, indicating rejection and the presence of sellers. The price is expected to move lower after testing and failing to break through the resistance zone.
BLACKBULL:US30Short
by TopGBanks
Dow Jones (US30) Outlook ICT ConceptsDow Jones Industrial Average (US30) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US30, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: In the previous analysis, we expected the price to expand lower after the Market Structure Shift (MSS), which occurred as anticipated. 📍 Current Market Overview: The current price is around 38,643.10. The Dow Jones Industrial Average (US30) has swept both the Previous Month Low (PML) and Previous Week Low (PWL), which are significant liquidity levels. The price is currently within a 4H Fair Value Gap (FVG), marked by a line on the chart. 🔍 Identifying Key Levels: • PMH: Previous Month High • PWH: Previous Week High • PWL: Previous Week Low • PML: Previous Month Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • 4H FVG: 4-Hour Fair Value Gap • MSS: Market Structure Shift 📊 Key Considerations: • Swept PML & PWL: The price has swept the Previous Month Low and Previous Week Low, indicating the potential for a reversal or at least a short-term expansion higher. • Inside 4H FVG: The price is within the 4H FVG, which could serve as a support zone for a possible expansion higher. • Reaction to Bearish FVGs: The key to the next movement lies in how the price reacts to the two bearish FVGs above. 📈 Bullish Scenario: Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met: • Support from 4H FVG: The 4H FVG provides support, and the price begins to expand higher. • Reaction to Bearish FVGs: Watch the reaction to the bearish FVGs above; if the price can break through these, it would confirm the bullish bias. 📉 Bearish Scenario: A bearish scenario should be considered if the following conditions are met: • Sweep of Lower Time Frame BSL: On lower time frames, we need to see buy-side liquidity levels swept before considering short positions. • Target Lower Objectives: After the sweep of lower time frame BSL, the price could target lower objectives such as the SSL (Sell-Side Liquidity) marked below on the chart. 📊 Chart Analysis Summary: • Bullish Expectation: The price is in a key area after sweeping PML and PWL, and being inside the 4H FVG. We can expect a possible expansion higher from here, especially if the price holds within the 4H FVG and breaks through the bearish FVGs above. • Bearish Expectation: For a bearish scenario, wait for lower time frame buy-side liquidity to be swept, followed by a reversal to target lower levels like the SSL below. Conclusion: The Dow Jones Industrial Average is at a critical juncture after sweeping key liquidity levels and entering a 4H FVG. The next move depends largely on the reaction to the bearish FVGs above. A bullish scenario would see an expansion higher if the 4H FVG holds and the price breaks through the bearish FVGs. A bearish scenario would require a sweep of lower time frame BSL and then a move lower to target SSL and other lower objectives. 🙏 Thank you for joining us! Exploring US30 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
BLACKBULL:US30
by RealArmin
US30 / Futures Waver on Anxiety Ahead of Jobs DataFutures Waver on Anxiety Ahead of Jobs Data Current Outlook: The price is expected to consolidate between 38,790 and 38,580 until a breakout occurs. Bullish Scenario: For a bullish trend to emerge, the price needs to stabilize above 38,790 and close a 4-hour candle above this level. Bearish Scenario: If the price drops to touch 38,580, it should break this level to continue the bearish trend towards 38,400 and 38,050. Key Levels: - Pivot Line: 38770 - Resistance Levels: 39050, 39250, 39410 - Support Levels: 38580, 38400, 38050 Today's Expected Trading Range: The price is anticipated to fluctuate between the support at 38,580 and the resistance at 39,050. Tendency: Downward
OANDA:US30USDShort
by SroshMayi