DJIDJI - Dow Jones
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
USAIND trade ideas
DOW JONES is respecting our major August buy call beautifully.Dow Jones (DJI) is about to hit the 45000 Target on our last buy call (November 20, see chart below) and complete a +8.30% Bullish Leg rise within the Channel Up that started on the August 05 Low:
We are very pleased also to see the index making enormous progress after our big August buy (Aug 07 idea, see below) which was exactly on the last major Low of Dow:
As you can see, we successfully formulated that trade based on the extremely symmetric price action of 2016 - 2017. We've explained the notion on the previous idea, but we will refresh your memory if you read this analysis for the first time.
Dow was already trading within a Rising Wedge pattern in 2016, which towards its end broke upwards and first completed a +19.50% rally. The second Leg of the Bull rally was completed on a +30.70% rise from the pull-back Low and then the markets entered the multi-month volatile period of the U.S. - China trade wars. Key Lows of the Bull Rally were made in October 2016, April 2017 and the last in August 2017. It is important to note that after the August 2017 Low, the index had the most aggressive part of the rally, attached to the top band of the Bollinger Bands range, which is what we've called before "riding the BB wave".
Back to more recently and the Rising Wedge that started in 2022, it broke upwards in identical fashion as 2017 (first Leg +23.40%, Lows in October 2023, April 2024 and the most recent August 2024, which as you saw was our last major buy). Even the 1W RSI sequences between the two fractals are similar. What's left now is for Dow to complete a +30.70% rise from the August 2024 Low, in order to conclude the pattern from 2017.
Our long-term Target since August remains thus intact at 49000. Keep in mind that this is the essence of long-term investing/ trading and this is the strategy with the highest winning rate. Note also that if it takes the same time to conclude as the 2017 Leg did from the August 2017 Low (green Rectangle, 168 days), then the peak should be formed end of January/ early February 2025.
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US30 BUY OR SELL?Trading is time sensitive, you still sleeping?
YELLOW-previous monthly low and high
BLUE-previous weekly high and low
GREEN-previous daily high ang low
As observed we are trading in a dip.
Dips can be a little confusing, and cause not only frustration but loss of capital invested.
The best way to trade a dip is to be patient, highlight your high and low and keep in mind that most buys happen at lows and most sells at highs.
With this in mind, one needs to have a clear picture of what happened at the beginning of the month and what is happening today.
In this case;
1.Price bought low at the monthly.
2.Price is trading at a monthly high.
3.Price is trading at a weekly low.
4.The daily candlestick closed above both the monthly high and the weekly low.
**For one to buy, price has to sell first, wait for a sell before buying.
Lastly, understanding what you are trading, if Donald Trump is behind it rest assured you should BUY. You just need to know when by observing the daily candlestick.
The best place to buy would be below 43330.4
US30 ( DowJones ) 4H Update The DowJones has once again hit its dynamic resistance level on the daily timeframe, and in the 4-hour timeframe, we're seeing a 3D pattern. We might expect to see a price correction until it reaches the indicated range...
US30 SELL ANALYSIS RISING WEDGE PATTERNOn US30 price there is a rising wedge that form which means price is likely to fall more if line 43459.5 break and trader should go for SHORT and expect profit target of 42566.2 and 41245.2 . Use money management
US30 Intra-Week Analysis Nov 26th 2024With election drama coming to an end, we have a good visual of how it impacted the US30 market. With trumps pro-growth economic policies him being elected president striked a huge rally across multiple asset classes and with a continued bullish trend even up until today, which we could potentially see carry on till the end of 2024. Price has recently broken the previous All-Time-High of 44400 and continues to show bullish price action giving us no reason to anticipate sells. The only valid selling opportunities would be if price breaks back below 44400, in that case, we can look for pull back to 43800 or 43400.
DOW/US30 - HOW FAR DOES IT REACH THE CEILINGTeam, we have not been providing any trade signal since last week,
however, we did some scalping trade during the week,
but now we are looking the chart, and it is time to consider
We are shorting the DOW at 44860-44935, STOP LOSS at 45035
Target 1 at 44796-44806
target 2 at 44636-65
target 3 at 44336-52
Once the target 1 hits, take some partial and bring stop loss to BE.
US30 30MIn the Dow Jones analysis on the 30-minute timeframe,
I plan to sell at the price of 44,900 against the trend.
After a price correction, the market is expected to rise toward the target of 45,720.
At that level, I anticipate a downward trend. The main direction bullish.
us30 liq sweep US30 created a gap over the weekend that still needs to be filled. This gap serves as the take profit target. However, it could rebound around 44,500, so consider taking partial profits or moving the stop-loss to break-even. The trade rationale was a liquidity grab followed by a break of structure, aligning with a fair value gap. This indicates a solid setup with an excellent risk-to-reward ratio.
Dow Jones (US30) Market Breadth EMA20 AnalysisThe US30 Market Breadth Indicator EMA20 is an essential tool for assessing the participation of DJIA stocks in the current trend. It measures how many stocks are trading above their 20-day EMA, offering valuable insight into market breadth.
Current Market Breadth Overview:
🔴 RED Zone: The indicator currently shows 25-30 stocks above their 20-day EMA, signaling strong bullish breadth with most stocks participating in the upward trend.
📈 Over the past several bars, the histogram transitioned from yellow to red, indicating increasing bullish momentum as more stocks moved above their 20-day EMA.
Price Action & Breadth Convergence:
The US30 has been in a clear uptrend, recovering from lows around 42,846 and reaching a high of 44,807. Higher highs and higher lows support the bullish narrative, while the red histogram confirms broad participation across the DJIA stocks. This alignment suggests the rally is well-supported by market breadth.
How to Apply Market Breadth to Your Trading Strategy:
You can use Market Breadth to enhance your trading strategies by identifying the strength of trends and spotting potential reversals. For example, when the histogram is in the red zone, it supports bullish trend-following strategies, as it indicates broad market participation. However, if the histogram transitions from red to yellow, it suggests a decrease in the number of stocks above their 20-day EMA (from 25-30 to 7-24 stocks). This shift could signal weakening momentum and serve as an early warning to tighten stop-losses, take partial profits, or prepare for a potential pullback.
Integrating Market Breadth with price action allows you to fine-tune your entries and exits, improving risk management and strategy performance.
Trend Outlook:
🚀 The trend remains bullish, with the red histogram and higher price levels suggesting a continuation unless breadth weakens significantly.
⚠️ A shift from red to yellow is a potential warning sign of declining momentum, indicating caution is warranted.
Look for shorts for US30, and us100This gap always needs to be filled at some point, in my opinion. So only looking for some type of shorting setups. *This is not financial advice* Enjoy..
Analysis of Dow Jones Uptrend: Opportunities and Challenges Ahea
In the 4-hour timeframe, the Dow Jones Index is moving within an ascending channel, reflecting the strength of buyers. This channel has formed since mid-October and has successfully maintained its key support and resistance levels so far. The Ichimoku indicator also highlights the strength of the bullish trend, as the price remains above the green Ichimoku cloud, which acts as strong support.
The support zone between 44,131 and 44,295 is identified as one of the most crucial areas on the chart. This region holds significant importance due to its proximity to the Fibonacci levels (0.786 and 0.886) and its alignment with the lower boundary of the ascending channel.
Technical tools such as Ichimoku and Alligator indicate that if the price returns to this zone, there is a strong likelihood of support holding and a potential trend reversal.
US30 View!!U.S. stock index futures inched higher on Tuesday, building onto gains, while investors assessed the implications Donald Trump's tariffs on top trade partners could have on the local economy.
The president-elect said he would impose a 25% conditional tariff on Canadian and Mexican imports that could violate a free-trade deal he negotiated during his previous term. He also outlined "an additional 10% tariff, above any additional tariffs" on imports from China.
US30 - Technical Outlook: Critical Levels for Trend ConfirmationTechnical Analysis
The price has successfully reached an all-time high (ATH) and achieved the bullish target of 44,625 with precision.
A potential bearish retracement may occur, targeting 44,400 or 44,280. A confirmed break below 44,270, validated by a 4-hour candle close, would signal the start of a bearish trend, with further downside targets at 43,900.
Alternatively, sustained stability above 44,630, confirmed by a 1-hour candle close, would indicate a bullish continuation, with the next target set at 44,980.
Key Levels:
Pivot Point: 44625
Resistance Levels: 44800, 44980, 45200
Support Levels: 44400, 44270, 43900
US30 / UNDER CPI PRESSURE / 4HUS30 /4H TIME FRAME
HELLO TRADERS
The analysis begins by noting a profitable decline of 590 pips, indicating that the asset has experienced a significant downward movement recently, which has been profitable for traders taking short positions.
The price is approaching an FVG zone between 43,381 and 42,984. A Fair Value Gap typically represents an area where the price may experience consolidation, or a period of sideways movement, before it makes a decision to either move higher or lower.
If consolidation occurs within the FVG, the price may rise toward a supply zone (44,252 to 44,532), which suggests a resistance area where selling pressure could occur, preventing the price from moving higher.
The analysis highlights a bearish sentiment, meaning the overall expectation is for the price to continue moving downward unless there is a breakout above the supply zone , If the price fails to stabilize above the FVG, further decline is expected. The target for this decline is a support zone between 42,716 and 42,335, where buyers might enter, potentially halting the downward move.
The downward pressure is noted as the dominant force unless the price manages to break above the supply zone ,Traders will need to watch whether the asset stabilizes within the FVG, as this will determine whether the bearish trend continues or a reversal occurs.
DJI : The ENDAll good things must come to an END.
Enjoy it while you can.
The same goes for Bitcoin.
In the end, all that matters is CASH in the pocket.
Good luck.
Dow Jones Industrial out of GasWhen I started with trading over 3 decades ago, I was told that the DJI is often the forecaster of the bigger market direction.
This week, it looks like the DOW is out of Gas.
Struggling at the U-MLH indicates the need to find balance. Balance is at the Center-Line, so DOW(n) we go.
With end of year staring at us, it's time to reduce exposure, or at least adding to the Portfolio hedge, specially when VIX is low.
Dow Jones Index (US30): Bullish Trend Continues
Dow Jones Index updated the all-time high yesterday.
The resistance area based on a previous high turns into support now.
We can expect a bullish trend continuation at least to 45000 - the next psychological resistance.
❤️Please, support my work with like, thank you!❤️
US30 H4 | Bullish ContinuationBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 44,519.67, which is an overlap support.
Our take profit will be at 45,532.41, aligning with the 161.8% Fibo extension
The stop loss will be placed at 43,382.83, which is a pullback support level.
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CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential demand zone: low-risk buy zone spanning from 44,582.00 to 44,555.00, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 44,582.00 and 44,555.00 serving as a low-risk buy.
Bullish Targets📈:
44,620.00: Possible retracement area.
44,670.00: Possible retracement area.
44,720.00: Possible retracement area.
44,770.00: Possible retracement area.
44,805.00: Significant supply zone.
44,815.00: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
US30 downThe Dow Jones Industrial Average (DJIA), also called “Dow Jones” or “the Dow” is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange (NYSE), approximately two-thirds of which are represented by companies producing industrial and consumer goods. “Price-weighted” means that each company is assigned a weighting based on its stock price. It was created by The Wall Street Journal editor Charles Dow in 1896.If the DJIA rises by 10 points comparing to yesterday, it means that the cost of purchasing the 30 stocks in the index today is $10 higher than purchasing those same 30 stocks yesterday, taking into account stock splits and dividends.
Over time, the DJIA can be used as a benchmark for the economy
US30 Short IdeaWeekly Candle Closed as expected, High Sweep Previous Week, H4 Market Structure Shift, So I will Look for Short from FVG area. Target is November Low.
if You Are Following The Follow With Risk Management.
