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.
US30 trade ideas
A Market Walking On EggshellsThe Dow finished up on Friday, but off it's high as selling came in late...notice the sincere break of the trend line last week and Friday's action came back to kiss the under line..odds are that this week coming is down.
Just a few days until the big show, the outcome has already been decided, they are selected, not elected.
Whatever the outcome of the theatre, the masses still believe change will happen to improve their lives, only disappointment ensues.
Expect volatility this week, any negative event will trigger fast moves to the downside, watch your position size.
Gold sold off towards the end of last week, a correction is due...a sell signal triggered.
PM's are a long term play, we have been bulls for 20 years, gold has risen over 35% this year, silver around 40%. This bull has a fair way to go before peaking, we are only in wave 3 of 5...expect a minor wave 4 pullback now and a huge spike coming by years end or so. The coming collapse will drive gold and silver to unseen levels, our target for gold in Australia is $10,000 an ounce, that could be shattered, and up to $15K or more, silver target of $300, perhaps high hundreds or $1000 and ounce...the catalyst will be contagion.
We stay short the Dow, prepare for the unexpected this week.
Appreciate a thumbs up, good trading and God Bless you all!
Dow Jones H1 | Falling to pullback supportDow Jones (US30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 43,909.20 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 43,600.00 which is a level that lies underneath a pullback support.
Take profit is at 44,527.74 which is a swing-high resistance at the all-time high.
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DOW JONES bouncing on the 4H MA200 and 0.5 Fibonacci.Dow Jones (DJI) found Support yesterday exactly on its 4H MA200 (red trend-line), after just a brief break of the 0.5 Fibonacci retracement level. The dominant pattern has been a Channel Up since the August 05 Low and within it, every 0.5 Fib test from the previous Low, has been the most effective buy entry as it started the new Bullish Leg.
The technical symmetry within this pattern is astounding as every Bullish Leg hit its 1.236 Fibonacci extension, completing a +8.30% rise. The ROC Higher Lows indicates that a rebound should be expected right now.
We haven't had a 1.236 Fib extension since the elections Low, so naturally take this 4H MA200 / 0.5 Fib bounce to buy if you haven't and target 45000 (also +8.30% rise).
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Bullish bounce off pullback support?US30 is falling towards the pivot and could bounce to the 1st resistance level which is an overlap resistance.
Pivot: 43,356.69
1st Support: 43,050.46
1st Resistance: 43,879.08
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DOW JONES - Idea for a long position !!Hello traders!
‼️ This is my perspective on DOW JONES.
Technical analysis: Here we have the same scenario as on S&P500, we are bullish, so I expect a long position if price fills the imbalance lower and then rejects from trendline.
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US30- BUY!!US30- BUY!!
Dow Jones is currently up-trending and price has recently pulled back.
Here is a great opportunity to catch the ride up.
As Always...
US30 - 15 Min ( Best Buy And Sell Scalping after Break Out ) ⚡️ US30
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 43465 Area
🚨Bearish After Break Out key level + High Volume / 43050 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis Not by Number ..
🔻 Announcement Coming After Successful Break
The Great Depression in an historical perspective.Just a screen to show how in-consequential the great depression looks as per todays market, and how much the markets have grown from then.
DOW JONES 4H Golden Cross extending the rally.Dow Jones (DJI) gave us an excellent pre-election buy signal (October 29, see chart below) as it bottomed on the 0.5 Fibonacci retracement level and just below the 1D MA50 (red trend-line), in similar fashion as the September 11 Low, which then rallied to the 1.236 Fib extension:
As you can see, we hit our 44000 Target, which was again the 1.236 Fib ext, but a new bullish possibility emerges. The 4H RSI is about to turn bearish (below 45.00) after being overbought (above 70.00) for 7 days. Last time this happened was on August 22, the fractals are virtually identical. During that time, the price made a Higher Low and continued to peak after a +8.30% rise in total.
After another 0.5 Fib correction, the next Bullish Leg if the 3-month Channel Up was also +8.30%, indicating that there is high symmetry between the Legs of this pattern. Notice also the presence of a 4H Golden Cross both on the current as well as on the August Leg.
As a result, since we still have some distance before completing a +8.30% Bullish Leg increase, we go long again as long as the 4H MA50 (blue trend-line) holds, targeting 45000.
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Us30 Bullish IdeaCurrently Price has found a strong support and in the past has shown that it can go to the ATH price. When the market opens back up if this level holds I will be bullish on US30 but if price cannot hold and the price breaks through support I will be waiting for Price to retest that new resistance and I will look to go bearish to the nearest support level. Appreciate any feedback :)
DOW JONES inside a bearish wave. Expect lower prices.Dow Jones is trading inside a Channel Up since August.
However at the moment it is still on a bearish wave.
Three out of four bearish waves of this Channel Up hit the MA50 (1d) before reversing.
With the price rejected now on the MA50 (1h), this is still a sell opportunity.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 43000.
Tips:
1. The RSI (1h) is also declining. Once it turns sideways, it will be the signal to reverse to buying.
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DOW JONES INDEX (US30): Best Supports For Buying
US30 finally retraced after a strong bullish rally.
Here are the significant supports from where we can
look for trend-following buying opportunities.
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Could price reverse from here?DJ30 is falling the support level which is a pullback support that is slightly below the 38.2 % Fibonacci retracement and could bounce from this level to our take profit.
Entry: 43,345.83
Why we like it:
There is a pullback support level that is slightly below the 38.2% Fibonacci retracement.
Stop loss: 42,770.65
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 43,511.95
Why we like it:
There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement.
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DOW JONES: Bottom buy signal. Target 45,600.Dow Jones just turned neutral on its 1D technical outlook (RSI = 52.982, MACD = 339.670, ADX = 28.026) as it hit today the 4H MA200 after exactly 2 weeks. This is getting very close to the bottom of the 14 month Channel Up. Technically the last two HLs were formed when the 1D RSI double bottomed on the 30.00 oversold limit. Overall, this is a good enough buy opportunity to target yet another +6.80% bullish wave (TP = 45,600).
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DOW JONES Early sell signal for next week.Dow Jones / US30 is trading inside a Channel Up pattern since September.
The index is on the latest bearish wave at the moment, having been rejected at the top of the Channel Up.
The 1day RSI just crossed under the MA trendline, which on 3 out of 4 occasions in the last 4 months, was a bearish signal.
The previous 2 bearish waves of the 3 month Channel Up delivered a -3.80% correction.
Sell and target the same correction at 42850, which just so happens to be exactly at the top of the Channel's buy zone.
Previous chart:
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US30 - Bearish Volume is still available...Technical Analysis
The price has declined by approximately 1.45% and continues to exhibit bearish momentum.
A potential retest of 43,780 appears likely before a further decline toward 43,350.
Today, US30 is expected to consolidate within the range of 43,350 to 43,775 until a breakout occurs.
A confirmed close of a 1-hour or 4-hour candle above 43,900 could signal bullish momentum, targeting 44,270.
Key Levels:
Pivot Point: 43660
Resistance Levels: 43780, 43900, 44090
Support Levels: 43350, 43200, 43070
Trend Outlook:
Bearish under 43760
Previous idea:
Key Levels and Trend Outlook for US30Technical Analysis
The price is currently trading within a range of 43,350 to 43,430.
A 1-hour or 4-hour candle close above 43,490 would confirm a bullish trend, with potential targets at 43,750 and 43,900.
Conversely, a break below 43,210 would signal a bearish trend, with the price likely to move toward 42,780.
Key Levels:
Pivot Point: 43350
Resistance Levels: 43490, 43750, 43900
Support Levels: 43210, 43050, 42970
Trend Outlook:
Bearish Under 43210
Bullish Above 43430
Bearish drop off 50% Fibonacci resistance?DJ30 has reacted off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 44,214.96
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 44,550.95
Why we like it:
There is a pullback resistance level.
Take profit: 43,642.87
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USA30 next possible moveHi traders I decided to share this analysis soo that you can be able to spot temporary pull back,am seeing 42100 as strong support n good entry for buys,when we check how it's trending in the channel,note that we're it is now it's also a strong zone that's why I draw another arrow going up,it's because monday when market open things can change n delay the trend it's normal is how the market trends soo let's expect another temporary short term nextweek,enjoy your weekend be free to share your thoughts thank you.
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.
US30 / Dropped And Still Has A Bearish Area
Technical Analysis
The price executed a precise retest before declining by approximately 330 points, maintaining a bearish momentum as long as it trades below the critical levels of 43210 and 43350.
The price is expected to remain within the bearish zone, with potential corrective movements up to 43350. However, sustained trading below 43210 and 43350 is likely to extend the downward trajectory towards the targets of 42770 and 42590.
The bullish zone will be confirmed only upon a 4-hour candle close above 43350, which would signal a potential shift in trend.
Key Levels:
Pivot Point: 43220 - 43350
Resistance Levels: 43490, 43750, 43900
Support Levels: 43050, 42970, 42770
Trend Outlook:
Bearish while Under 43350
Bullish Above 43350
US30, Consolidation with Bearish Potential Below Key SupportTechnical Analysis
The price dropped from its ATH and reached a support level.
Today, US30 is expected to consolidate between 43900 and 43770 until a breakout occurs.
A 4H or 1H candle close below 43770 would confirm a bearish move toward 43350.
Alternatively, stabilization above 43900 could lead to a move toward 44270.
Key Levels:
Pivot Point: 43900
Resistance Levels: 44070, 44270, 44440
Support Levels: 43760, 43580, 43350
Trend Outlook:
Bearish under 43770
Bullish above 43910
Previous idea:
