Potential Shorts on US30 - London Session UpdateQuick update on potential US30 shorts for the London session today. As long as it stays below 41,050 it should be able to test 40,800 and potentially lower.
US30 trade ideas
Do you think the Dow Jones is still down?
How are you, buddy?
Maybe we can open a good trade after a long time?
I think the Dow Jones will go down in the next two months.
correctionAfter some fluctuation and correction, the trend is expected to change the downtrend. If the resistance range is broken, the upward trend will be possible.
US30 neutral as of now (but price is showing bearish signs)This stock has been very bullish for the past year but we are finally seeing a retracement of price.
This is evident in all timeframe.
3 month and monthly timeframe:
Price broke all time highs at 37,000 with a lot of momentum.
Price collected more bullish orders at 37,250 where we saw another up raw of price.
Price made a very solid liquidity spot at 41,750, where price stayed above for the past 4 months before this level got decimated in the last week.
The next noteworthy level on the 3 month and monthly timeframe is 40,000.
This is where I believe price is headed.
Weekly
We see that price took a lot of sell orders at 44,000 and broke the 41,750 handle.
The next noteworthy liquidity region of substance is 40,000 which aligns with the 3M and monthly as well
Moreover, this week candle has a high chance of closing with a three pin pattern, which shows me that price is going to go lower.
The fib targets for the weekly were hit yesterday, showing me that price, might retrace upwards a bit before it collects more sell orders.
Daily
Since, there is a high probability of price going lower on the weekly timeframe, all the daily timeframe does is confirm the regions where we might see sellers getting in the market.
Moreover, since the weekly fib targets were hit yesterday, that means that price is due for a bullish move before it goes lower.
The fib targets also align with a major liquidity zone on the daily and 4 hour region at 40,750.
The thesis on the daily timeframe informs me that price might retrace to 41,500, at which I will look to sell the pair even lower.
4 hour
Now that we know that price is due for a pull upwards before price goes lower, the 4 hour timeframe, for me, is the best timeframe to tell me where the best liquidity regions are at.
The ones that stand out to me are at 41,750 and at 41,300.
If a buy setup forms as price is headed to those two regions, I will definitely buy the pair.
But as of now, I am sitting on my hands waiting to see what price has in store.
trdE plan for fridaywall streeet is looking very bearish. tomorrow i will look for first peak. second to be lower. third to take liquidity . fourth low will be the BOS. fith peak should respect the range of two and three. and we should see a nice close below Thursday new York session
US30 BUYOANDA:US30USD
We entered our last US30 position early, but we got a 400-pip move in the process. This is still a key level on the daily. I'm entering from this zone when price begins to consolidate to show signs of support. Until then, use the alerts to notify you if price creates a lower low on the 2-hour time frame. Again, if this area builds support, there is a good chance that we will see a retest of the daily highs. We also have a bullish divergence printed on the chart as well. This rejection could be the start of the bull run to retest the key level on the daily time frame.
If price continues to fall, wait on a solid close beneath the lows then enter the sell on the rest of structure.
DOW: On a blood pathDOW JONES: Has clearly violated all its DEMA Support viz,20/50/100/200 and in the process formed a double top pattern in weekly chart-which is a sign of bearish trend and continuity of the free fall.For me till DOW regains its 20DEMA of 42000-42100 on a closing basis,expect the free fall to continue and may even test 40000.(for educational purpose only)
Dow Just crossed the infamous 200MA - Should we worry?The Dow Jones, continues to underperform international markets in 2025.
The Trump Administration is an unstable one which is causing such fear and uncertainty.
It seems like the very essence of policies, procedures and compliance are falling out with the ad hoc and sudden decisions being made by a small group of plutocrats.
Here is why the Dow Jones might remain to stay in trouble and for further downside to come.
Tariff Tensions:
Trump's ramping up tariffs on Canadian metals, and it's freaking out investors 😱📉
Recession Fears:
Mixed signals about a possible recession have everyone on edge 😬🔻
Tech Trouble:
Tech giants like Tesla are tanking, dragging the whole market down 🤖📉
Global Trade Chaos:
Uncertain trade policies are stirring global chaos and confusion 🌍🤯
Market Volatility:
Investor nerves are sky-high with volatility spiking, making everyone super cautious 😟📈
And the technicals speak for themselves.
The Price has broken below the M FOrmation and wait for it... The Infamous 200MA.
So the signs of downside are strong. WIll the US markets allow such downside to come, we'll have to see but as things stand - we have a bearish outlook with a target of 36,296.
What do you think?
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Weekly Forex Outlook Sun.March.2.2025 - Fri.March.7.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
Dow Jones Weekly AnalysisBased on the weekly Double top Pattern. we may notice a %7 decline in Dow J. which coincides with about the long term weekly trend line support.
US30 Trade Outlook – 12/03/2025📊 Market Structure & Key Levels
US30 is still in a downtrend, but we are seeing a bullish reaction from recent lows. Price is testing resistance around 41,718 - 41,800, a key zone for potential rejection or breakout.
🔍 Key Observations:
✅ Bearish Trend – Price remains below major EMAs, but attempting a recovery.
✅ Key Resistance – 41,800 level is a crucial decision point.
✅ Bullish Breakout? – If price holds above 41,800, we could see a push toward 42,200+.
🎯 Trade Plan:
🔹 Short if rejection at 41,800, targeting 41,628 & 41,400.
🔹 Long if clean breakout & retest above 41,800, targeting 42,200 - 42,400.
💡 Patience. Confirmation. Risk Management.🔥
DowJones INTRADAY Key Trading Levels post CPI dataThe softer-than-expected inflation data has fueled optimism among equity investors, as cooling inflation could alleviate pressure on the Federal Reserve to maintain an aggressive tightening stance. The positive market reaction suggests that participants are increasingly pricing in the possibility of a more gradual approach to interest rate adjustments.
With inflation appearing to moderate, the Federal Reserve may be more inclined to pause or slow the pace of rate hikes in the coming months. The data supports the case for a more dovish stance, as policymakers assess the effectiveness of prior rate increases and the risk of economic slowdown. Markets will continue to monitor upcoming economic releases and Federal Reserve statements to gauge the likelihood of a shift toward a less aggressive monetary policy.
Key Support and Resistance Levels
Resistance Level 1: 42256
Resistance Level 2: 42600
Resistance Level 3: 43000
Support Level 1: 41150
Support Level 2: 40576
Support Level 3: 40073
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
head and shoulders patternbuy
entry 41323
Sl 41153
tp 42000
If the price touches 41800 before reaching the entry price range, the position is canceled.
change the trendIt is expected that the downtrend will continue after some fluctuations and corrections. As long as the price does not stabilize above the green resistance area, the downtrend will continue.
US30 (Dow Jones) Buy Analysis: GTEUS30 has successfully pushed through an Inverse Fair Value Gap (IFVG) on the 1-hour timeframe, confirming bullish momentum. Price action suggests a continuation upward, with the next target being the top trendline around 41,950 - 42,000.
With CPI news scheduled for tomorrow morning, we can anticipate further volatility, but until then, US30 is likely to maintain its bullish structure. As long as price holds above the recent support zone around 41,500, the bias remains bullish towards the higher resistance levels.
Potential longUS30 may find bullish pressure from the 41,500, as it was a previous resistance turning into support.
As long as price action is below 41,500 - 41,000 region, the indice will likely continue it's downward trajectory.
Remaining above the 41,500 may lead to a rise aiming for the above resistance barriers.
Dow Jones Potential DownsidesHey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 41900 zone, Dow Jones is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 41900 support and resistance area.
Trade safe, Joe.
Bearish Cypher on the Daily DJI?Ruh oh. It's probably not a given considering the flip floppy nature of the Trumpian markets, where every move hinges on his every word, but my whiskers are twitchin'. That's usually not good.
What do you think?
Owhooooo!
Flat correction in DOW JonesA flat correction differs from a zigzag in that the sub wave sequence is 3-3-5, as shown in chart. Since the first actionary wave, wave A, lacks sufficient downward force to unfold into a full five waves as it does in a zigzag, the B wave reaction, not surprisingly, seems to inherit this lack of countertrend pressure and terminates near the start of wave A. Wave C, in turn, generally terminates just slightly beyond the end of wave A rather than significantly beyond as in zigzags.
Dow Jones about to crash to "41k" in the coming weeks
Dow Jones (US30) Faces Heavy Selling Pressure! Are we likely to see a drop to 41k zone or will it still hold its bullish momentum ?
Dow Jones: A Make-or-Break Buy Setup with Smart Money BackingDow Jones Industrial Average - Buy Setup
Technical: U.S. markets have struggled recently due to uncertainty over tariffs imposed by President Trump. While the S&P 500 and NASDAQ have broken key support levels, the Dow remains resilient, holding the critical 41,648 support. A break below would confirm a large double-top pattern, signaling a bearish outlook. This is a pivotal moment. The rebound from overnight lows is encouraging, but with the U.S. CPI release tomorrow, caution is warranted. While speculative, COT and seasonal data favour a short-term move higher.
Fundamental: The latest Commitment of Traders (COT) Report shows increasing long interest in the Dow, suggesting "smart money" accumulation.
Seasonal: Historically, from March 12 – May 2, the Dow has posted gains 84% of the time, averaging +3.68% over the past 25 years.
Setup:
Entry: 41,800 – 42,000
Stop Loss: 41,285 (below the Nov 2024 low at 41,648)
Target: 44,290
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
