US30 Weekly Analysis 7/11/2022 to 11/11/2022Price currently moving in an uptrend in LTF while making another swing inside a HTF Downtrend channel. And the price aslo has a resistance at 33039 & support at 31846. now if price closes below the support, then it would make a breakout of the uptrend & price might continue pushing down for another swing low respecting the HTF downtrend channel to come down to the next key levels at 31110 or 30447.
However if we see price closing above the resistance, then it could make a breakout of the HTF downtrend channel to continue pushing up to retest the next major resistance at 34200.
Us30analysis
Us30 between the Bear and the BullAfter breaking the support down, it will be a nice sell option as price action trade to continue the Bearish move, if it keeps moving up it will be an interesting buy option as it's forming a H&S pattern.
Bearish US30Looking for US30 to start dumping this week. We had another consecutive week of increasing open interest. High impact news drivers this week. I think interest rates will remain the same, they are predicting it to increase by half of a percent, if that does infact happen, we will have a bullish DXY which means risk off for large investors, money would be pulled out of everything else and be pouring into the dollar, which means everything should be going lower, maybe even a flash crash
US30 3/11/2022the price after strong bearish run and a HTF bearish engulfing candle close, formed a small structure with some ranging on small TF by facing support at 32041 & resistance at 32234.
Now if price makes a break & closes below the recent support in atleast 30m-1hr TF then price might continue its bearish run towards next support at 31719 or all the way to 31193.
However if we see price closing above the recent resistance, then it might continue pushing up towards the HTF Resistance at 32371.
US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Dow Jones (US 30) daily US 30 daily analysis on 1H chart. The market structure is currently bearish and the direction is on a down trend. The price has just breaken the counter trendline to the down side. with this situation at hand it will mean that one should look for selling opportunities more than buying.
US30 2/11/2022Price after a retest on HTF resistance, its currently on the pre stage of forming a build up or ranging phase. So wait for the price create more highs & lows forming a proper support and resistance in that ranging phase. After such structure is formed, then we can look for trades on the breakout of such structure anticipating if price could continue moving bullish in that uptred or make a breakout of that uptrend to continue pushing bearish on a higher timeframe point of view.
US30 Tecnicalnor Fundemantal???
As much as this market seems to be doing the complete opposite of what it should be doing based on most if not all fundamentals, the chart actually reflects key areas that have been respected and market has moved accordingly.
We are seeing that money has been moving in the market from a technical point instead of fundamental....
With this being said and the big fundamental days ahead, we should see some big moves come into play as news events take place...
The technicals have had the time to shine and fundamentals will now make the moves...
The only question left now is, which event will trigger the Bulls and which will trigger the Bears....?
_*The areas highlighted in the chart should not be considered a signal but observations_
US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DOW JONES (US30) - Sell-off expected ✅Hello traders!
‼️ This is my analysis on US30 .
Here we are bearish from daily perspective, so I am looking for shorts. I expect bearish price action from this bearish orderblock after price filled the imbalance.
Like, comment and subscribe to be in touch with my content!
Dow Jones ( US 30) daily analysis US 30 daily analysis on the 1H chart. The market direction is still on the down trend. The price is currently close to our trendline that has been test 3 times. if the price respect the trendline we may see it going down and if not the trendline will be breaken and the price will move up.
Dow Jones Prediction H1Here is my view for US30 on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US30USD LongHello guys.
The price has been forming a falling channel for the past few weeks. The lowest low of the trend formed a double bottom, which is an indicator that the trend was to be a bullish move. The price is now at the top trendline of the channel.
I anticipate that the price might continue with the bullish run, and I have 2 possible scenarios of the entry zone. The first is below the current price at around 32200 and the second, at the top of the current price at around 33000.
My position will be at 33000, as I am using the pullback strategy to enter my positions hence it will be above the highest high formed.
The other reason as to why I am trading bullish is the current client sentiment of this index is 75% short and 25% long, and we are all aware that the market markers tend to move in reversal of the crowds anticipation. (Look at the Daily Forex website for the clients sentiment data)
My targets are 33800, 34600 and 35400 thus my target R:R is 1: 3.
Remember, risk only 1-2% of your account!
time for Reversing ?with rsi above 70 and breaking down on daily and a big move up for 800 pips on friday it will be interesting to break the resistence down for a correction and if up it would be interesting to close the gap
US 30 daily US 30 daily analysis on 1H chart. Market direction is still bearish. We see the price is very close to the trendline that we had for sometime now. If the price respect the trendline we will see it going down and if not it will break the trendline and push up. Wait for the rejection or a breakout.
MYM Showing Signs of Bull Trap | Market Structure"Show me the weekly charts and I'll show you the news"
For MYM/ Dow Jones we have a clear market structure being formed with lower highs and lower lows with a distinct trend line. There is still bearish news with inflation until December at least for the feds, the market is showing signs that we are preparing to go short for the next month or so.
If we close Friday with a wick on the weekly, prepare to enjoy some nice trends that shall sink like the Titanic over the next few weeks.
US30 Next Week's AnalysisUS30 currently retesting the HTF downtrendline on a major key level with multiple retests at 33039 which could act as a resistance for the price. And US30 also has a support with multiple major retests at 32212 where price might also come to make some small pullbacks.
So if price closes above the resistance, then we can look for long trades & if price closes below the support then we can look for short trades as shown in the chart.
DeGRAM | US30 market previewUS30 reached a major resistance structure zone. Look left, the structure leaves clues.
Price action is approaching confluence level which is trenline and resistance.
A perfect signal to short is going to be a false break.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!