US30 I Potential Pull Back and More Growth Welcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Us30analysis
Bearish reversal off overlap resistance?Dow Jones (US30) is reacting off the pivot which has been identified as an overlap resistance that aligns with the 50% Fibonacci retracement and could drop to the pullback support.
Pivot: 43,330.76
1st Support: 41,777.16
1st Resistance: 44,327.75
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.
US30 Analysis breakout occurred.Hello Guy's Must Support Me And Share Your Thoughts In Comments Section Thanks Trade Safely
In My Analysis of US30 (Dow Jones) on a 4-hour timeframe, showing a descending channel as the dominant trend until a breakout occurred.
Key Observations:
1. Descending Channel: The price was in a bearish trend, characterized by lower highs and lower lows within the channel.
2. Breakout: A breakout to the upside is evident, signaling a potential reversal or bullish momentum. The breakout point is marked and supported by increased buying activity.
3. Support and Resistance:
Support Level: Identified near 43,000, where price consolidated before the breakout.
Resistance Level: Marked around 44,800, acting as the potential target for the bullish move.
4. Potential Price Movement: Post-breakout, the chart suggests a bullish projection toward the resistance level. However, price may retest the support level (previous resistance) for confirmation before continuing upward.
Technical Outlook:
The breakout from the descending channel indicates a trend reversal from bearish to bullish. Buyers are likely dominating in the short term, with a probable continuation toward the resistance zone unless invalidated by a re-entry into the channel.
NOTE: This Analysis For Educational Purposes Only Not A Trading Advice
US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Bullish 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 "DOW JONES INDUSTRIAL AVERAGE" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy 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 🛑: Using the 3h period, the recent / nearest low or high level.
Goal 🎯: 44600.0 (or) escape Before the Target.
Scalpers, take note 👀 : only scalp on the Long 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 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The US30/DJ30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the 30 largest and most widely traded companies in the US. The index is a widely followed benchmark for the overall health of the US stock market.
CURRENT MARKET SENTIMENT:
The current market sentiment for the US30/DJ30 is bullish, with the index trading near its all-time highs. The US economy is strong, with low unemployment and steady GDP growth. However, there are concerns about the impact of trade tensions and rising interest rates on the economy.
UPCOMING NEWS:
US GDP Growth Rate: The US GDP growth rate for the second quarter is expected to be released on Friday, with expectations of a 2.0% growth rate.
US Non-Farm Payrolls: The US non-farm payrolls for July are expected to be released on Friday, with expectations of 180,000 new jobs added.
US Unemployment Rate: The US unemployment rate for July is expected to be released on Friday, with expectations of a 3.6% unemployment rate.
Federal Reserve Interest Rate Decision: The Federal Reserve is expected to announce its interest rate decision on Wednesday, with expectations of a 25 basis point rate cut.
Strong US Economy:
Low unemployment rate
Steady GDP growth
Increase in consumer spending
Improvement in business confidence
Monetary Policy:
Federal Reserve adopts a dovish tone
Interest rates are cut or remain low
Increase in money supply
Stimulative monetary policy
Fiscal Policy:
Government implements expansionary fiscal policies
Increase in government spending
Tax cuts or reductions
Infrastructure investments
Earnings Growth:
Strong corporate earnings growth
Increase in revenue and profitability
Positive guidance from companies
Beat of analyst estimates
Valuations:
Attractive valuations compared to historical averages
Low price-to-earnings ratio
High dividend yield
Undervalued stocks
Technical Indicators:
MACD line crosses above the signal line
RSI (14) falls below 30 and then rises back above it
50-period Moving Average (MA) crosses above the 200-period MA
Price closes above the 50-period MA
Bullish chart patterns, such as a head and shoulders or a inverse head and shoulders
Sentiment Analysis:
Bullish sentiment among traders and investors
Increase in long positions
Decrease in short positions
Put-call ratio falls below 1.0
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.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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 🫂
US30 I Bullish continuation but opportunity for pullbackWelcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
US30/USD Analysis Hello All Traders! Write Your Feedback In Comments Section Keep Suppor Me Thanks
Date/13/Jan/2025
Current Price 41,860
In My Analysis Of US30/USD (Dow Jones Industrial Average) Exhibits a Clear Downtrend Within a Descending channel, I highlight It As dynamic Resistance (upper trendline) And Dynamic Support (Lower Trendline). The price is Currently Testing the Channel Support Near The 41,462 Level, Showing Potential for Either a Bounce or Further Breakdown.
A consolidation channel Where the Price was Range-bound After Previous Declines. A Breakdown From this Consolidation Suggests Bearish momentum.
If the price respects the Support, a Reversal Toward the Dynamic Resistance near 43,940 or the Broader Resistance Zone near 44,973 may Occur. Conversely, a break Below the channel Support could Lead to Further bearish Movement Toward lower Support levels.
We should Monitor price Action at Critical levels And use confirmation for Potential Entries.
Note: This Idea Only For Educational Purposes and not A Trading Advice Thanks For Your Support
Bearish drop off pullback resistance?DJ30 is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 42,400.11
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 42,712.31
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 41,786.49
Why we like it:
There is a pullback support level.
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Falling towards 50% Fibonacci support?Dow Jones (US30) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 41,604.84
1st Support: 40,023.54
1st resistance: 43,3309.76
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.
US30 Update - Continuation building? Thanks for checking out our latest update. Today, we are looking at the US30 daily chart.
After some heavy selling to end 2024, have we started to find a new point of support? If we see further confirmation price-wise with a new break higher and a new higher low, this could line up with a continuation pattern.
We have run over a few scenarios price-wise that we are watching moving forward. The key to the continuation is a hold of 42,260 support.
Will Trump taking office on the 20th have any influence? We will wait and see, but a break of support and trendline could be a warning sellers have further to go.
Happy New Year, good trading from Eightcap.
US30: A Thrilling Ride to New Heights or a Deep Dive?Morning everyone, here's what we're looking at with the US30:
If it goes above 43,257, we could see it climb to:
-44,000
-45,000
-Maybe even hit new highs at 47,000
But if it falls below 42,000, expect:
-A drop back to 41,500-41,600
-If that support fails, it might go to 40,740
-And could further dip to 38,606
I know trading can throw some curveballs, and if you're feeling the pressure, I want to help.
I'm doing a webinar this Sunday where we'll talk about:
How to become a more sustainable and profitable trader in a way that's good for your health and happiness, not just your bank account.
If you're interested, hit me up with a message or check my profile for more info. Let's navigate these trading waters together for a more balanced approach.
Kris/ Mindbloome Exchange
Trade What You See
US30 I Potential Long Opportunity Welcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Dow Jones 30-Min Short: Bearish Momentum Building Toward 42kThe Dow Jones has triggered my short position following a significant volume spike, currently trading below the key EMA levels. The technical setup suggests a bearish continuation toward the 42k price zone. This aligns with a short-term correction in equities after December marked the Dow’s worst monthly performance in over two years.
Fundamentals:
• Major indexes continue to struggle, with the Dow and S&P 500 facing extended losing streaks.
• Market sentiment remains cautious as investors digest recent corporate earnings, geopolitical risks, and upcoming key economic data such as ISM Manufacturing PMI.
• Despite a strong year-end rally, December losses reflect broader market uncertainty, further pressuring the Dow.
Technicals:
• Price remains below both the 50 and 200 EMAs, signaling bearish momentum.
• Volume analysis highlights increased selling pressure, confirming bearish sentiment.
• Immediate support at 42,000 aligns with key demand zones and historical price reactions.
With these conditions in play, I’ll manage risk carefully, monitor for any major shifts, and adjust my position accordingly. Pay yourself and trade responsibly!
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.
Quick Rally For 3030 Has Fallen to a High volume trading area reaching the point of control that could act as a strong support, added There's also a strong Hidden Bullish Divergence on the RSI that gives great indication that we could see a rally up from this daily support lvl (42,300) back to the "trend line" break & previous structure low,(Filling the sell side imbalance -FVG)
Confluences on This Trade
- Rejecting Daily support lvl 42,266
- Rejecting Demand zone
- @ 38.2 Fib Retracement
- Hidden Bullish Divergence (RSI)
- Buy Side imbalance fill
- Daily Volume Support
Lock in with your LTF Bullish Entry Signal,
WAIT FOR YOUR CONFIRMATION AND
**RISK ACCORDINGLY
Intro to the next possible move:
After this bullish move - price could reject the Trend line and previous structure low, then continue down.
**This bullish to bearish move would give price action a "Head and shoulders ish" Pattern on a HTF.
Caution on the Bearish Sell- we have high volume right below the 41,000 bank lvl that could act as a support.
with all of that being said the one thing that gives me great hesitation on the 2nd part of this move The "Bearish Sell" is the fact that this current pull back only brought price down to the 38.2 Fib lvl, so this could just be a minor pull back for a big Bullish continuation move.
"US30 / DJI 30" Indices Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the "US30 / DJI 30" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy 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 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 44,200.00
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 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖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 🫂
Overlap resistance ahead?Dow Jones (US30) is rising towards the pivot which has been identified as an overlap resistance and could drop to the 1st support which is a pullback support.
Pivot: 43,351.87
1st Support: 41,852.98
1st Resistance: 44,363.95
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.
US30 Mid Week Consideration 👀👉 The markets could move in any direction today. Over the past three months, since the Bank of Japan rate hike, we’ve been witnessing aggressive liquidity runs and significant, uneven reversals, particularly on Wednesdays. This midweek phenomenon has caught many traders off guard, making it challenging to adapt. It appears to reflect adjustments in the market algorithms targeting liquidity.
For this reason, I’m sitting out of the New York session today. It’s worth emphasizing that staying out of the market can be just as valuable as posting or executing a trade idea. If you have time, I encourage you to review past charts and observe this recurring Wednesday or midweek reversal phenomenon.
Stay vigilant and know when to step aside. Reducing the frequency of trades is as important as placing them. Focus on quality setups and recognize when the best move is no move at all. While this isn’t financial advice, it’s a practical observation that could prove useful.
Trade smart, and let patience guide you.
Bullish momentum to extend?Dow Jones (US30) is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance.
Pivot: 43,318.65
1st Support: 42,643.34
1st Resistance: 44,526.39
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.