Us30short
US30 finally breaking down? (sells from 39000.0)My bias for US30 this week is bullish, anticipating a further upward movement before encountering a 2-hour supply zone around 39000.0. Afterward, I expect a slowdown and distribution within this area before a potential downward move.
Upon receiving confirmation on lower time frames, selling could target the new trendline liquidity above the 23-hour demand zone. If this scenario doesn't unfold initially, I'll wait for a break in structure to the downside to buy back up, as the overall trend remains bullish.
My confluences for US30 Sells are as follows:
- Price changed character to the downside on the higher time frame
- Lots of liquidity to the downside i.e. trend line liquidity and equal lows.
- We've experienced lots of bullish pressure and now bulls are getting exhausted.
- Nice supply zone left on the 2 hourly that caused the move to the downside.
- In order for price to keep going up it must retrace for healthy price action to continue.
P.S. Given the shift in price action to the downside on higher time frames, it appears that a bearish trend is beginning as bullish momentum wanes. Nonetheless, it's crucial to stay flexible and responsive to price movements, adapting to whichever direction it ultimately takes.
US30 sellI had been waiting days for this move and during the week US30 had created equal highs and built liquidity where I was waiting for price to eventually tap into the main supply zone also taking out early sellers.
Upon seeing that volume was coming back into the market at around 2.30pm Uk time I set a sell limit @38950.00 with sl@39000.00 (risking 50pts). Zooming into the 1min once price entered into zone and broke structure to the downside this gave me added confluence.
TP1: 38800.00 TP2: 38650.00 TP3:38450.00 TP4: 38300.00
* Where has the market moved since I entered my trade? PROFITS
* If I looked at the market now, would I take the same trade? yes
* How do I feel about my trade? optimistic
* What do I like about this trade ? precise entry, patience stalking the move
* What do I dis-like about this trade now? nothing just that it may go into next week
* On a scale of 1 to 10, where would I rate this Trade now? 8/10
* If I were not in a trade now, would I take the opposite trade ? no
US30 - DOW JONES INDUSTRIALS AVERAGE US30 has been in a major bearish divergence from Jan 2018, I think march 2024 will be a month of correction (10%-15%) and then a pickup from April 2024 all the way to September/October when I think the market will hit the top for the US30 that will be around $44,200.
- Monthly MACD (Bearish)
- Monthly Pekipek's Divergence BETA (Bearish)
- Monthly RSI (Bullish)
- Monthly Stochastic RSI (Bearish)
US30 DOW JONES Technical Analysis and Trade IdeaThe US30 has enjoyed a robust bullish run, but recent price action on the 1D and 4H charts indicates potential weakness. I'm anticipating a **sell opportunity** should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for this trade would align with prior 1D accumulation range highs.
Remember that trading carries inherent risk. Before executing any trades, it's vital to conduct your own extensive research. Consider both fundamental market drivers and global macroeconomic conditions alongside your technical analysis. Always implement sound risk management practices to safeguard your investment.
**Disclaimer**: This analysis presents a technical viewpoint on the US30. It should not be interpreted as investment advice. Base your trading decisions on your own risk profile, comprehensive market research, and a thorough assessment of all relevant variables.
⤵⤵(US 30 uptrend pullback short bearish analysis)H ello traders what do you think about us 30)
(technical analysis forecast📉📈📊
Traders US 30 upstand if barekout 38749.14 big 🐻 baerish moment short 38022.02Test support pullback $$$ resistance level US 30 uptrend pullback short bearish I think testing 38166.13) 📉📈📊
short and what moment bearish) ⤵⤵📊📈 BLACKBULL:US30
level) last week US 30 upstand if barekout Big baerish moment 38k support breakdown buyers will pullback reset resistance 38800.00 price breakdown breakout level sellers rejected bearish well back) 📈📈📈📉📊 short target 38166.13 BLACKBULL:US30
Safe trade 🙏♥️ pales like and comment's don't forget next analysis fol low me 🤝
US30 imminent shorts down towards 37700.0Last week, the US30 exhibited significant potential for a more favourable market environment, offering several promising trading opportunities. Following the completion of a Wyckoff distribution on a higher time frame, validated by a CHOCH, I anticipate a selling opportunity as the price retraces into a distinct 16-hour supply zone.
Although the price closed within the zone, it underwent a redistribution phase on a lower time frame, signalling a selling position. Presently, I am awaiting the breach of the upcoming Asian high to access a clean Order Block (OB) for initiating my sell position.
Confluences for US30 Sells are as follows:
- Price has completed a Wyckoff distribution on a higher time frame confirmed with a CHOCH.
- Clean unmitigated 16hr supply zone that caused market shift has been tapped into.
- Wyckoff re-distribution has taken place within the lower time frames.
- Lots of liquidity to the downside in the form of Asian lows, trendlines and equal lows.
- Price has been moving very bearish and it's getting exhausted hence why we got that bearish drop recently.
- For price to keep going up it must go down so we can expect temporary sells maybe down to a better demand.
P.S. While the market remains predominantly bullish, the recent downward movement was anticipated, signaling exhaustion of bullish momentum. This could mark the beginning of a bearish trend, presenting potential opportunities for short-term selling positions.
HAVE A GREAT TRADING WEEK AHEAD GUYS!
us30 sellsUs30 reached resistance and started to show BOS to the downside on 5mins and 15mins.
Upon seeing this I waited for retracment and rejections at entry zone of 38490.000 with sl@ 39520.00 (30pts).
TP1: 38400.000 TP2: 38350.00 TP3: 38330.00 TP4:38150.00
* Where has the market moved since I entered my trade? Slight profits
* If I looked at the market now, would I take the same trade? yes
* How do I feel about my trade? nervous & unsure but optimistic.Glad it let the trade play out
* What do I like about this trade ? My entry was good & stayed calm when price retraced up
* What do I dis-like about this trade now? Price Was so choppy and still is but trust my analysis
* On a scale of 1 to 10, where would I rate this Trade now? 8/10
* If I were not in a trade now, would I take the opposite trade ? No
US30 SELLUS30 had tapped into supply zone and showed rejection and inducement at this supply. This was further confirmed by a close of 30min candle below the Doji and break below structure.
Upon seeing this I waited for retracment to zone with additional confirmation once I started to see rejection at the entry zone @38675.00 I entered with sl@38715 (Risking 40points)
TP1: 38590.00. TP2: 38550.000 TP3: 38500.000
Approach where Possible & respond to Price is to take Partials profits from TP2 onwards.
* Where has the market moved since I entered my trade? Slight Profits
* If I looked at the market now, would I take the same trade?Yes
* How do I feel about my trade? Feel neutral and slightly optimistic
* What do I like about this trade ? patiently waited for more confluence and good Entry
* What do I dis-like about this trade now? Choppy & slow
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ?No
US30 Potential SellsUS30 Has now created a double top and now also broken structure to the downside looks likely to tank down +500points.
I am expecting price to break above Asian Highs for a liquidity grab and then start to show rejections @38570.00 where I will be looking for small time frame confirm for entries with sl@around 38600.00 risking (30points). This may vary depending on how Price breaks Asian High.
So Lets stay patient, looks likely that early sellers will be taken out and enough Liquid grabbed to then fuel the move down.
Most overbought condition 1) Most overbought condition since May 2021 on the weekly RSI 14.
2) Converging trendlines at 38,200 stretching back since late 2021 create solid roof tested 3 times at least on 2 separate trend-lines which would make for a very tough level to break, especially when it's this overbought.
***A correction down to retest the connecting lows trend-line since late 2022 would make a lot of sense even if a new high would be reached in the future, a correction down is very likely in the current technical condition - Which would be down to the 34,200 floor.
US 30 4H : Under sell pressure US30
New forecast
The index price succumbed to negative pressures, announcing the postponement of the upward attack, forming several downward corrective waves, through which it settled near 37400.
We would like to note that the continued exposure of the price to negative pressures and the stability of the obstacle represented by the level of 37814 will increase the effectiveness of the downward corrective path. We expect it to soon target the initial support centered at 37306, and then let us monitor its behavior so that we can determine the proposed targets for the upcoming trades. A fall below this support will increase the chances of the price resuming. For the bearish corrective attack, we expect it to reach around 37143 and 36916 in medium-term trading.
The expect range trading for today it will be between the resistance line 37814 and support line 37143 until stabilized .
support line : 37306 , 37143
resistance line : 37645 , 37814
Attention : We don't have any group in telegram be careful about scammer.
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US30 H1 / TWO POINTS OF INTEREST / POSSIBLE SCENARIOS FOR LONG✅Hello Traders!
This is my idea related to US30 H1. I see two possible scenarios where I will look for a long entry in case of confirmation of retracement.
You can see two resistance zones from where I expect US30 will go bearish. In case of confirmation of retracement from the resistance zones, I will execute long trades until the price of 37760.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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📉📆 US30 Daily Rejection: Targeting 37161 Test 🎯🔻💥I have noticed that the RSI indicator on US30 is at 69.1 and has been consistently decreasing. This indicates that there is a strong possibility that US30 will start to experience a decline in its value. It is not surprising to see this bearish trend, as other commodities have also been showing similar signals. Based on my analysis, I predict that US30 will initially reach a value of 37161 before continuing to drop further.
US30/USD Shorts from 37780.0 down towards 37500.0This week, my outlook for US30 leans towards a bearish correction downward. Given the recent strong bullish rally, the diminishing bullish pressure indicates a potential retracement to sweep liquidity and address imbalances below. Subsequently, we'll be on the lookout for buying opportunities around the 37500.0 psychological level.
The ongoing distribution and the change in price character on the hourly timeframe signal readiness for a downward move. Upon reaching our designated (6hr) Point of Interest (POI), I'll await further confirmation through a redistribution on the lower timeframe within the zone before considering a sell setup.
Confluences for US30 Sells are as follows:
- Lots of liquidity to the downside in the form of trend line liquidity and equal lows.
- Price has changed character on the hourly and price has left a clean 6hr Supply Zone.
- Candlestick anatomy showing that bullish pressure is getting exhausted.
- Major imbalances left below as well on the higher time frame that need to be filled.
- Price has been moving very bullish recently and is due for a correction.
- If price wants to continue in a bullish direction I expect for price to tap into the 4hr demand.
P.S. While my current stance is bearish in the short term, my overall outlook for the market remains bullish. This bearish perspective is a temporary one, allowing us to align with the prevailing trend eventually. It's crucial to note that my bearish scenario may be invalidated, considering the presence of equal highs nearby.
HAPPY NEW YEARS TO ALL OF YOU AND HOPE THIS YEAR BRING EVERYONE PROFITABILITY AND CONSISTENCY. LETS CATCH THESE PIPS!
🎄📉 US30 Targets 33000 & 29000 - "Merry BearXmas" 🎯❄️Greetings! It's important to note that the financial market is currently experiencing a bearish trend, which has been confirmed and requires your attention. In particular, the US30 index is displaying unmistakable indicators of a downtrend that is likely to persist well into the New Year. Given this situation, it's crucial to take immediate steps to safeguard your investments and mitigate potential losses. Don't hesitate - act swiftly to ensure your financial well-being and set the stage for future prosperity.
RSI has reached a resistance on the 3 Weekly chart.
Target 1: 33000
Target 2: 29000
See my analysis on the Zodiac Shift.
Silver 3 Weekly:
Gold 3 Weekly:
It's no coincidence that Gold and Silver are also showing the same bearish sign.
US30/USD Imminent Shorts down towards 36600.0My bias for this weeks forecast is for US30 to see a temporary bearish move to the downside. As price has now slowed down, it shows that bullish pressure has now become exhausted. To add, we can see there was a clean 4hr supply which has triggered this initial bearish move.
Having observed the expected retracement and correction back up to 37500.0, I now anticipate a price decline in my POI. This expectation is based on the objective to fill in imbalances below and sweep liquidity, including the previously established equal lows. Given the current holiday season, I also anticipate price movements to be slow and choppy.
Confluences for US30 sells are as follows:
- Tapped into a 4hr supply zone that has caused CHOCH to the down side.
- Wyckoff distribution has been formed and validated via a CHOCH on the 15min.
- Imbalance left below as well as liquidity to target such as the relative equal lows.
- No reversal magnets above my POI which makes my setup more favourable for sells.
- In order for price to keep going up it must come down to tap into some sort of demand level.
- Rejection candle within our zone on the higher time frame reinforces that bullish pressure has now become exhausted.
P.S. Even though my confluences are very strong for sells at the moment, we can't disregard a possible rally which breaks this 4hr supply zone. We have to remember that price overall is still bullish so we have to be cautious when trying to enter a counter trend trade like this.
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Market Dynamics: Large Players Enter as Price Reaches Highs
The price has been on a significant bullish rally, breaking historical highs. This suggests that the price has encountered strong buying interest, indicating the presence of buy-side liquidity. From a technical perspective, this suggests that a retracement may be imminent.
As further confirmation, on the daily chart, we can see that the price reached the liquidity of its previous high and swiftly reversed, creating a breaker pattern. If the price continues to decline, it is likely to experience a shallow retracement to prevent buyers from recovering all their losses.
Additionally, in the highlighted area, we can clearly observe a decrease in buying activity and an increase in aggressive short positions. This could be an indication of the involvement of institutional or large traders, and it's something to keep a close eye on.
Furthermore, the catalysts scheduled for tomorrow add more weight to the possibility of a correction. In my experience, this type of price action often occurs before significant market-moving events. A significant correction is highly probable.
For setting stop-loss (SL) levels, I've shared both aggressive and conservative ideas. I've also provided take-profit (TP) levels based on Fibonacci retracement levels at -272 and -618, with the last one indicated by the white line on the chart.
Please note that trading involves risks, and it's essential to use proper risk management techniques and consider your own trading strategy and risk tolerance when making trading decisions. This analysis is for informational purposes only and should not be considered as financial advice.
SDOW a Dow Shorting ETF Long from an Intermediate Term BottomSDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish
divergence on the RSI and MACD while the price went sideways in consolidation.
Volatility has contracted as have trading volumes. I see this as a buying
opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first
target at 22 underneath a standard retracement with the final target at 25 in the area of
the early November pivot high. A call option set at a strike of $22 expiring in 4-7 months
is a supplement to the idea. I expect that interest rate fades or any lessening of geopolitical
tensions may affect things throughout the trade and perhaps force trade management along the
way. Overall, I have an expectation of 18% for the shares and about 100% for the call option.
US30 Opportunities from daily levelsI am expecting bearish Monday for US30 since we are currently sitting at daily key level from Jan 2022. In case of breaking the current level I'm expecting this to increase the probabilities of the next zone to provide some good pips. Weaker zones below marked as possible targets, although I'd secure some of the profits much earlier.