US30 HIT 38850, BEAR RALLY IS ONOver 350 pips bagged successfully on Dow jones
PA is melting hard, what are you doing about it?
We have 2,150 pips to go.
stuck in profit
US30
its possible to test te highs again This technical analysis sounds promising! Here's a breakdown:
Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point.
Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of the support level's validity.
Together, these pattern suggests a potential reversal:
The price might be bouncing off the support, indicating a possible upswing.
US30Daily
The beginning of a reversal (to the upside) the completion of todays candlestick will help confirm that. It looks to be forming an evening star right at the top of the resistance which adds to our confirmation.
4H
We definitely are still on the right track but we are still just slightly early.
Got the test of the previous resistance (39620) correct just days later
1H
Expanding wedge during a bear channel, yet it is a bullish trend. So we either anticipate this as a reversal (to continue the bear run) or we see this as a reversal to bring back the bulls in the market.
15Min
Wait and watch
US30 POI's 2024/04/04 Possible intraday movement
PLEASE SEE POI'
POSSIBLE long and short zones marked out
DOW JONES Sell the MA50 (1d) break out.Dow Jones reached the top of the late 2022 Channel Up and is already on a 3day rejection.
If it crosses under the MA50 (1d), the strongest short term sell signal emerges.
Trading Plan:
1. Sell if the price crosses under the MA50 (1d).
Targets:
1. 38050 (Support A).
Tips:
1. The RSI (1d) is testing the 58.47 level. Past breakouts under this level have coincided with MA50 (1d) break outs, so use it as an additional sell signal.
2. The strongest long term buy entry has been when the RSI (1d) breaks under the 30.00 oversold limit.
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Dow Jones - Looking To Sell Pullbacks In The Short TermH4 - Bearish convergence.
Expecting short term bearish moves to happen here.
H1 - Strong bearish momentum.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
US30 | Ready to retest the price ceiling?The important support area for the US30 index is around the price of 39000. Considering the RSI is in the oversold range, an upward movement with targets at 39448 and 39844 can be expected. 📈
Bearish momentum to extend?Could the DJIA (US30) extend its current downturn beyond the pivot point and drop toward a support level at 38,693.81?
Pivot: 39,078.84
Support: 38,693.81
Resistance: 39,329.55
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Make That Money Indicator Signals Sell for $US30MTM has printed a 30m sell signal. The price has consolidated at this price level and should drop soon to previous 4h demand zone (green box).
Inflation Deflator Indicator Signals Sell for $US30ID has printed a 1h sell signal. The price has retraced to sell signal candle and supply zone formed at this price. We should get a hard rejection off this area to the previous swing low/demand zone.
US30 is Ready For LONG PositionUS30 /USDT is Going to get a good setup for LONG POSITION
you can get this position with 0.1 LOT
Good Luck & dont forget to set SL & TP
US30/DJ30 Bearish Robbery Plan Short SideHELLO LOOTERS,
This is our master plan to Heist Bearish side of US30 Market. my dear looters U can enter at the pullback, Our target is Trap Zone. We can escape in the Target area. Guys If you loot some money please take it partial.
XAUUSD - GOLD 1hrSimple trading:
M - Pattern "Double top"
We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse.
When U.S. bond yields rise:
- Gold prices might decrease as investors find bonds more attractive due to higher returns.
US30 Will Go Down! Short!
Please, check our technical outlook for US30.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 39768.0.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 39375.1 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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US30So wrong or just too early.
Mid way we were moving following our analysis and the bulls just gained energy but that's okay. I did have quite a bad week so it would have affected my thoughts.
Currently 39450, were we anticipated the major drop is where we can adjust and rework our analysis from 1W down to 15min.
Weekly we have a strong bearish candle, which looks to be engulfing the previous week. It's cause of sign because it is happening at the top of the trend.
Daily we had an evening star, that further adds to our analysis and believe of the bears.
4H we had a double top, indicating the fall (39900 being the ceiling). If we get a neckline (39300) break then we off to the races.
1H we'll wait for 39260.
Trade Idea: Wait
US30 Technical Analysis: Counter-Trend Short OpportunityThe US30's bullish momentum has encountered a key resistance level. This presents a potential counter-trend shorting opportunity. Here's the trade idea:
Entry: Sell short at the current resistance level.
Stop-Loss: Place a stop-loss order above the recent high.
Target: Aim for the previous support/imbalance zone established at a prior low.
Rationale: The US30's extended rally into resistance increases the likelihood of a pullback. This setup offers a favorable risk-reward ratio for a short-term counter-trend trade.
Important Note: Market conditions can change rapidly. Manage risk diligently and adapt your strategy as needed.
