Us30index
US30 updated analysisUS30 is in a local uptrend for this entire month. As the monthly candle closed as a bullish candle, we could potentially see a further uprise to the monthly Doji or liquidity zone. As the support shown is daily 20EMA and previous resistance where possible buy opportunity may arise.
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US30 (Dow Jones) Sell SetupFOMC and GDP numbers for Q2 loom large next week. With an interest rate hike, coupled with a higher than expected number for the GDP, a risk off environment will kick off, sending the USD pushing higher and the markets will begin a bear leg.
* The US will be in a technical recession if those numbers come in higher than expected, as this would make it two quarters in a row with bad GDP numbers.
* If price breaks the high of the SZ, then the setup is invalidated.
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US30 Idea H4Here is my view for US30 on H4. 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!
US 30 daily analysisMy daily analysis on US 30 on H2 chart. The price is currently at the resistance level. The may move down for a retest or it will move sideway before pushing up and break the resistance. We therefore need to wait for a breakout or a retest before one can make a move in the market.
US 30 daily analysisMy daily analysis on US 30. The inner trendline at the resistance level was broken and the price has push to level 31430.1, which the now a current resistance. The price may move down to retest level 31201.1 level and it reject, we will see the price pushing up or the price will move further down if the level does not hold.
US 30 daily analysis My US 30 daily analysis on H4. The price is currently on at the resistance level. If the price, push to the up, we will see a breakout, but if the bears hold the position. The price will reject and move down. Let us remember that we're still under the bear market at this moment.
US 30 Dow Jones. Weekly Analysis for 27-01/07/22My weekly analysis for US 30. The market is pushing towards the resistance trendline. If the price breakout of the trendline, we will see the market change the direction. If not the price will still move down as we're still in the bear market. I hope you find value in my analysis. Enjoy.