buy option on the US30with a retracement down to the support and making a reversal it would be a nice buy option so we can take the buy to continue the move up with the trend
US WALL ST 30
US30 YEARLY BIAS (FOR INVESTORS/SWING TRADERS) Price has been resisting to break pass the 34500 zone, which i believe it's the future price and should be filled probably by end of this month of june. With the bullish momentum that price is holding, it looks like price will break the zone, heading to our all time high 37000 zone.
#us30 #support&resistence #ustec100 #nasdaq #indices #forex #bias #technicalanalysis
The Dow Jones is trying to activate the bullish trackThe index price took advantage of the stochastic rally above 50 to gain new positive momentum, thus forming some bullish waves and settling near 33215, to confirm the price’s attempt to restore the bullish bias, as this initially requires jumping above the moving average 55, which is stable at 33406, and if it holds above this obstacle, it will succeed in reaching Towards the level of 33587, which in turn formed a strong barrier against the recent bullish attempts.
From the above, we recommend observing the price's behavior and waiting for it to achieve the required breach in order to avoid any losses that may result from postponing the bullish attempts to provide an opportunity for the price to fall again towards 32905 before recording any new positive target.
The expected trading range is between 33050 and 33510
The expected general tendency for today: bullish by fulfilling the condition
US30 4HUS30
Dow Jones If you open the 4 hours above 33105 , it will reach 33259 then 33406 then 33587
The zone is very difficult from here,
and now as long as trade under 33105will be bearish to get 32831 and 32716 then 32648
The movement range is between 33240 and 33070
Tendency: bearish volatile
timeframe 4H
US30 Upcoming weeks bullishI am currently following the following weekly outlook on OANDA:US30USD according to my simple ABC zig-zag wave pattern.
So far, the sentiments and conditions are in its favor. I have broken down the last weeks price action into Elliot Waves which is shown in the charts below.
First of all, the upward Impulsive move which started in mid March consisting of impulsive waves is shown below:
Its correction consisted of simple ABC zig-zag in which Wave A consisted of Converging Diagonals , Wave B consisted of ABC zig-zag as well as Wave C .
The sub-Wave C of Wave C Zig-Zag ended last week and consisted of Impulsive waves with aggressive downward movement and the price action stayed in Golden Pocket below 50% of Impulse wave before moving on to starting the first small upward Impulsive Move.
For the time being, the upcoming news regarding Unemployment Rate, Nonfarm Payrolls can increase volatility in the market, but I am hopeful that US30 will continue on its way upward in the coming weeks.
NAS ShortLast week we had a very strong sell off and then a strong bullish Friday to finish off the week .
looking over my notes I saw that on the weekly we were headed to a FVG gap above and equal highs to target, once it tapped those two I noticed a sell opportunity at market this morning. I saw a false down move to the down side around 8:30 am and I got caught in that though I held my position with my stop above the holding daily high of the day.
soon after I noticed at 9:30 equities open it created a liquidity grab possibly a "POWER OF THREE" meaning that there 1. accumulation 2. manipulation 3. displacement
which falls with the 2022 model strategy I'm following. it comeback to like I said previously to grab liquidity or stop out early sellers and continue in the water direction of the day. the target was a the nearest previous SSL and final target was SSL noted around 14331.5.
will eye market tomorrow and see if it presents a set up have a great night !
potential sell option on us30wait the next candle to open and with a bearish close of this candle it will be an interesting sell option when breaking the low of the previous candle
US30 H4Dow Jones If you open the 4 hours above 33105 , it will reach 33259 then 33406 then 33587
The zone is very difficult from here,
But if it falls below 33105 , it will reach 32874 , then 32790 then 32702
The movement range is between 33240 and 33070
Tendency: volatile
timeframe 4H
DOWJNESbreak renge . wait for pullback
come to breakeven 2-last renge
next pullback go to high renge
US30 Short!According to the analysis, we can sell US30 , currently our opinion is according to line A , but plan B may be implemented.
US30 5/29/2023-6/2/2023: LongExpecting US30 to move lower into discounted prices before running the previous week's high as NAS and SPX did.
First week on US30. Let's Go!!!
US30 TRADE IDEAHi everyone
Hope you all are well, its been a while since we posted a trade idea here.
We plan on posting here regularly per week.
This is what we possible looking out for on Monday market open to do.
Let us know what you think of this setup.
#Forexpeoplefx
US 30 Bullish US 30 Bullish with Targets 33700 and 34900
Cup and Handle Pattern 4hourly Timeframe with Target 33700
US30 Top-down analysis Hello 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.
US30 LookoutBearish momentum after Fake Breakout, now there is strong level which can force price move upward.
Dow Jones - Bearish Rising Wedge 📉Hello Traders👋🏻
The Dow Jones Price Reached a Strong Resistance Level ✔️
Currently, US30 formed a Rising Wedge ✔️
The Price Failed To Create New Higher High 📈
The Support Line of the wedge is Broken 🔥
If Price Stays Under The Key Zone, US30 Can Continue The Bearish Move 📉
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TARGET 1: 32790🎯
TARGET 2: 32090🎯
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if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
US30 POSITIVE - DEBT CEILING OUTCOMEOverall on Indics we have seen price range, investor and banks are waiting to hear what the USA will do on the debt ceiling crisis.
As we have previously seen that with positive news on the debt ceiling the markets will rise, and with negative news on the debt ceiling markets will drop ( potentially 45% based off analysts at JP Morgan)
If we get positive news on the debt ceiling I am seeing this potential swing trade happen - also an inverse H&S on the daily timeframe. If news is negative then we will most likely see price drop, retesting the head support and potentially dropping even more.
If you like my ideas please like and share, support on our Dserver ill be much appreciated!
potential sell on us30 after a close bearish of this candle we will have an interesting sell option for the dow jones as the trend is going down as by making this retracement will be a good entry with a small stop loss
US30 trade idea so i have tested this strategy on Monday high and monday low and i have placed trades where is met my trading rules abd this is the resaults
US30 outlookhad a nice retest of the demand area made a move up if that 33500 level holds we can see a nice down move towards the 33200 level and so on
DOW JONES Break down analysis 22/05/2023 dear traders dow jones has moved from weekly chart to the opposite way so as you can see in the chart you should look for buy and sell from the key level wait always for price action and good luck
US30USD Death Bed: A Potential Downturn The US30USD, representing the Dow Jones Industrial Average (DJIA), has been a key barometer of the US economy for decades. In this analysis, we delve into the potential consequences of a US debt ceiling default and its potential impact on the DJIA. We believe that if the debt ceiling is not resolved, we may witness a significant downside in the DJIA, comparable to the crisis experienced in 2008. Our analysis suggests a selling zone between 33,626.8 and 34,455.1, with a stop loss set at 34,888.9. Our first target for potential profit-taking is 25,981.4, with a final target of 19,211.2.
1. The US Debt Ceiling Crisis:
The US debt ceiling is the statutory limit on the amount of debt the US government can incur. Failure to raise the debt ceiling can result in a default, leading to severe economic repercussions. In the event of a default, investor confidence may plummet, leading to significant market volatility.
2. Historical Parallels:
Drawing parallels to the 2008 financial crisis, when the global economy experienced a severe downturn, we anticipate a similar scenario if the debt ceiling crisis is left unresolved. This crisis led to a substantial decline in the DJIA, and we believe a default scenario may have a comparable impact.
3. The Selling Zone and Stop Loss:
Our analysis indicates a selling zone between 33,626.8 and 34,455.1. This range signifies the potential area of strong resistance and selling pressure. To mitigate risk, we recommend setting a stop loss at 34,888.9. This level allows for a controlled exit in case the market does not follow the projected downward trajectory.
4. First Target: 25,981.4:
Our analysis suggests that the first target for potential profit-taking should be set at 25,981.4. This level represents a significant drop from the current market levels, and it aligns with historical support levels. Traders should consider booking profits or adjusting their positions accordingly at this point.
5. Final Target: 19,211.2:
In a worst-case scenario of a prolonged debt ceiling crisis leading to a market downturn, we project a final target of 19,211.2. This level represents a substantial decline from the current market levels and could potentially mark the culmination of the downside movement. Traders should closely monitor market conditions and adjust their strategies as the situation unfolds.
While it is important to note that the analysis presented here is based on the assumption of a debt ceiling default, it is crucial for traders and investors to stay informed about the potential risks associated with such a scenario. The US30USD death bed, as we refer to it, could result in a significant downturn in the DJIA, with the selling zone starting at 33,626.8 to 34,455.1. Traders should exercise caution, set appropriate stop losses, and closely monitor market developments to mitigate potential losses and capitalize on profit-taking opportunities.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading involves risks, and traders should conduct their own research and analysis before making any investment decisions.
US30 Short 33525US30USD Short based on my technical analysis and indicators.
Looking to short down to the green area of 33000
