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US WALL ST 30

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.
OANDA:US30USD
by mahmoudbawa
YM1! US30USD DOW 2023 MAY 08 WEEKCBOT_MINI:YM1! Test and reject of 34275 for first week of May: Entry: 34105 | Risk 100pts (reduced size) | Exit 33674 | Profit 430pts Now that YM has exited rotation, and tested boundary, we may see the likelihood of a rejection trade from 33670. Set your alarm there. Possible scenarios: 1) Test and reject of 33670 = short Volume Analysis: Daily: High volume breakdown from rotation, followed by lower vol up bar close off high = confirmation of supply overcoming demand H4: Lower vol up bar close off high = weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 34275 33670 32681 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30 10 Dec 22🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
OANDA:US30USD
by MLGONION
🧅Fed minutes showed that rates will continue to move higherThe minutes from the Jan. 31-Feb. 1, 2023 Federal Open Market Committee (FOMC) meeting showed that the Fed remains committed to bringing inflation back to target. On the progression of the economy, the Committee members noted that "recent indicators pointed to modest growth in spending and production. Nonetheless, job gains had been robust in recent months, and the unemployment rate remained low. Inflation had eased somewhat but remained elevated." The minutes showed that "almost all participants agreed that it was appropriate to raise the target range for the federal funds rate 25 basis points at this meeting. " Members that supported a 50-basis point increase believe that a larger increase would more quickly get them to a sufficiently restrictive position to enable achieving price stability in a timely way. On the future path of monetary policy, committee members anticipated that "ongoing increases in the target range for the federal funds rate would be appropriate to achieve the Committee’s objectives. " Moreover, that it is important to maintain a restrictive stance until there is clear evidence that inflation is moving toward the Fed's 2% target. . . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅 source: economics.td.com
OANDA:US30USD
by MLGONION
US30 21/APR/2023The US stock market went down because banks and financial companies were selling their stocks. People who invest money were also getting ready to see a report about jobs, which could change how much interest banks charge for loans. There were some reports that showed the US economy is doing well. But this made some people worry that the Federal Reserve, which controls how much interest banks charge, might raise interest rates to slow things down. There is no data that suggests the Fed should stop raising interest rates, but many investors decided to sell their stocks to be safe and invest in things like bonds, which are less risky and pay back more money. When we look at the technical analysis of US30, we see that the price is close to an area where it has had trouble going higher before. This is called the resistance area, and it often makes it harder for the price to keep going up. Because of this, it's possible that the price will go down instead. We can see some signs that this might happen, such as the RSI10 indicator which shows a crossings signal that suggests selling might be a good idea.
OANDA:US30USDShort
by DNP-FX
TRADE UPDATE US 30 - On track to the target of 35,714Reverse Cup and Handle formed on US 30. The price broke above the brim level and consolidated for a while before breaking up. Now that we had the push up, we can expect the price to continue up. 7>21>200 RSI>50 Target 35,714 SMC: Sell Side Liquidity Order Block is below the Handle of the Reverse Cup and Handle as you can see Smart Money swept selling liquidity, which pushed the price up. We are on the right side of the market.
ULong
by Timonrosso