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US WALL ST 30

US30USD YM1! DOW 2022 AUG 01 Week US30USD YM1! DOW 2022 AUG 01 Week Last week market reached previous supply zone. Long on retracement continues. And if price broken down of channel is is rejected, target could be 30406. Possible scenarios: 1) Continue of upward momentum for long on retracement 3) Rejection at previous supply zone + breakdown of channel for short Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31867 30406 29639 26212 Weekly: Ave vol up bar close at high = strength Daily: Ave vol up bar close off high = minor weakness H4: High vol narrow spread up bar followed by ave vol up bar close off high = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
The FED rising rates, why DXY falling?Market participants are currently starting to get priced in with the potential for a 75 bps hike in the Fed's interest rate. This can be seen from the yield on 10-year government bonds which fell to 7.35% yesterday. Previously, the yield had perched above 7.4%. The 10-year US Treasury yield also fell to 2.76%. The yield of US debt securities has fallen quite a lot from last week's position, which had touched 3%. At the FOMC last night, the fed said that a rate hike was a move to fight inflation. Higher interest rates work to slow down inflation by cooling off demand. Another discussion is about "recession fears" are an exaggeration. The Fed reassures investors that don't worry about media coverage of a recession, they are really working to avoid a recession in America. Instantly investors holding confidently put their money into US assets. Circulation of money is slightly reduced, but the value of the currency tends to strengthen. We can see investors' confidence as seen in the wall street chart recorded a significant bullish in 2 hours, while the USD tends to weaken in the short-term. But this optimism will definitely strengthening of the USD in the long-term. We can monitor the strengthening of the USD in early August from the labor data through the release of ISM Manufacturing PMI, ADP Employment Change, and Non Farm Employment Change/NFP.
TVC:DXY
by DNP-FX
2
US30 l DAILY l OUTLOOKMy perspective we are still in a bear market and have yet to form a bottom. On average bear market last up to a year with different levels of pullbacks. What I see from the 4 hourly chart: 1. "MULTIPLE BOS POSITION" @ 31530 In between major S&D zone 31275 - 31735 - Touch / Breakthrough 1 - May 24, 2022 (downtrend channel broken into a retest of BOS into uptrend) - Touch / Breakthrough 2 - June 10, 2022 ( BOS broken back into downtrend) - Touch / RETEST 3 - June 27, 2022 ( BOS was retest and rejected to the downside) - Touch / Retest 4 - July 8, 2022 (BOS was retest and rejected to the downside) - Touch / Breakthrough 5 - July 19, 2022 ( BOS was broken to the upside and retested on July 2022) 2. Testing key major zone of 32100 - 32480 which has played as support and resistance in the past 3. Next major BOS area is at 32650 Don't get played by the pullback...
OANDA:US30USD
by CORNINO
US30USD YM1! DOW 2022 JULY 25 Week US30USD YM1! DOW 2022 JULY 25 Week Last week's long preference worked well. Weakness shown over 3 TF analysis. We may see short opportunity temporarily. Possible scenarios: 2) Market rotation = trade at boundary of range 3) Behavior change scenario Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31867 30406 29639 26212 Weekly: Ave vol up bar close off high = weakness Daily: Ave vol UT bar = weakness H4: Ave vol tiny spread up bar = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! DOW 2022 JULY 18 Week US30USD YM1! DOW 2022 JULY 18 Week Last week, rotation strategy worked well again. Point to note for Dow, unlike NASDAQ and SNP, we didn't see bullish volume returning. So we will still adopt the rotation strategy. Also with minor strength on Weekly tf, we can also look for long oppportunity on retracement. Possible scenarios: 2) Market rotation = trade at boundary of range 3) Behavior change scenario 4) Trend continuation - channel boundary trades Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31867 30406 29639 26212 Weekly: Ave vol down bar close toward high = minor strength Daily: Ave vol u bar close at high = minor strength H4: Very high vol narrow spread up bar close off high followed by ave vol tiny spread up bar = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! DOW 2022 JULY 11 Week US30USD YM1! DOW 2022 JULY 11 Week Last week, rotation support long was good. 3 TF analysis is displaying weakness. We should be expecting lower prices temporarily. I'm keeping the existing scenario plan from last week. Possible scenarios: 1) Channel resistance / rotational resistance = short 2) Market rotation = trade at boundary of range 3) Behavior change senario 4) Trend continuation - channel boundary trades Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31867 30406 29639 26212 Weekly: Low volume up bar close off high = minor weakness Daily: Ave vol up bar close toward low = weakness H4: Very high vol up bar close off high toward middle + level close in background = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677