Dow Jones Index (US 30) โ Further Recovery Potential?The Dow Jones Index (US 30) has moved steadily higher over the last 10 trading days as traders continue to unwind short positioning attached to the popular sell US assets idea that seemed to dominate at the beginning of April, in the pre President Trump 90 day tariff pause era.
At the start of this new week, after a period of quiet trading on Monday, mainly due to the UK bank holiday, the focus for traders across the next 4 days may well be on whether President Trump and his negotiating team can report progress on trade deals with allies, as well as the Federal Reserve Interest Rate Decision (Wednesday 1900 BST) and Press conference, led by Chairman Powell (commencing 1930 BST).
Now, while no change to US interest rates is expected at this meeting, the update from policymakers regarding their current outlook for the economy, inflation and path of interest rates across the rest of the year, could well generate some market moving headlines that may impact whether the US 30 continues to post fresh highs, or gives up some of its recent gains.
Technical Update: Further Recovery Potential?
The recent sharp sell-off that saw the Dow Jones Index fall more than 19% eventually found support around 36873, which was a level that was equal to the 50% Fibonacci retracement of the October 2022 to December 2024 strength.
This type of decline back to such a retracement can sometimes see a reactive recovery materialise from the downside extremes in price, and as the weekly chart below shows, 36873 seems to have helped prompt the recent upside move.
Interestingly, the reactive recovery in the index has now seen closing breaks above 40783, a level that is equal to the 50% Fibonacci retracement of December 2024 to April 2025 price weakness, and traders may now be viewing this move as suggesting further possibilities for a more extended phase of price strength.
Assessing the Daily Chart
While the weekly chart levels are useful, it can also be helpful to assess the daily chart to try to gauge which levels, if broken, may suggest earlier clues for the next possible directional move in the Dow Jones Index, in the run up to, during and after the Federal Reserve Interest Rate Meeting and Press Conference.
Possible Resistance Levels:
With recent price strength breaking above resistance at 40783 (50% retracement of the latest decline) this may lead to a more sustained period of price strength.
As such, this may result in further attempts to push higher towards 41809, which is the 61.8% retracement, possibly even towards 42834, which is the March 26th session high.
Possible Support Levels:
The recent strong rally from the weekly support at 36873 (50% retracement of the October 2022 to December 2024 advance), possibly points to this as a long term support.
However, is there anything within the daily chart that may offer clues to shorter term support levels?
By calculating Fibonacci retracements of the April/May 2025 price strength, we can see the 38.2% level stands at 39991.
If closing breaks under this potential support were to occur, then risks might turn towards a more extended phase of price weakness towards 39570, the 50% retracement support level, even 39150, which is equal to the deeper 62% retracement.
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US30 trade ideas
Dow in relief until MayYesterday's historic bounce reacted a little to perfectly to the monthly trend-line pictured. Whether coincidence or not, this break in momentum will likely provide an interim bottom to the downtrend and give us a few weeks of reprieve before continuing with the bear market. $37,000 the level to watch.
My outlook is generally still flat although it is useful to remember that the biggest pumps happen during a bear cycle. We also have a full blown trade war on our hands so keep risk tight and trade with caution.
US30 Sell NowUS30 price is static when the market is closed. At all other times the prices are constantly fluctuating. The best time to start active Dow Jones trading on US30 CFD instruments is during periods of very high volatility when investors feel extreme emotions and high volume enters the market.
US30 - Key Breakout Scenario๐ US30 - Key Breakout Scenario
If the price successfully breaks and holds above the 42,656 level, we could consider opening a relatively risky long position. This level has previously acted as a resistance, and a confirmed breakout may indicate bullish continuation.
However, due to recent price volatility and lack of strong impulsive momentum, the entry would be classified as aggressive unless further confirmation is received.
๐ง Strategy:
Aggressive Entry: On a confirmed breakout and 15m or 1H candle close above 42,656 with volume support.
Safer Entry: Wait for a pullback to 42,656 and a bullish reaction (support confirmation) before entering long.
Target: Potential move toward the next resistance zone around 43,302.
Stop-loss: Below 42,500, where recent support structure lies.
โ ๏ธ Caution: This setup becomes much stronger if today's FOMC sentiment aligns with the overall market bullish trend.
US30 (Dow Jones) โ 19 May 2025 Breakdown๐ US30 (Dow Jones) โ 19 May 2025 Breakdown โ ๏ธ
The Dow just lost the key 42,300 level after struggling to hold above it, signaling momentum shift in the short term ๐งฏ
๐ Technical Breakdown:
๐ Current Price: 42,263
๐ป Support lost: 42,300
โ Lower high formed under 42,700
๐ EMAs starting to cross downward โ early signs of a short-term trend shift
After failing to hold above 42,700, price dropped aggressively and is now sitting right under previous structure support turned resistance.
๐ฅ Key Scenarios:
Bearish case ๐ด:
Rejection at 42,300โ42,350 = likely continuation toward 42,100 and 41,900
Clean break of 42,100 could open up a move to 41,600 zone
Bullish recovery ๐ข:
Reclaim 42,300 + strong close = chance to revisit 42,500โ42,700
Watch for a fakeout and EMA compression reset
๐ง Pro Tip:
โ ๏ธ Breakdowns below structure with confluence (e.g., EMA crossover + volume spike) often lead to momentum flushes
โก๏ธ Donโt fight the shift โ adapt fast
โก๏ธ Lower highs = sellers taking control
Bullish momentum ahead?Direction: LONG
Targets:
- T1 = $43500
- T2 = $44200
Stop Levels:
- S1 = $42000
- S2 = $41500
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Dow Jones.
**Key Insights:**
Dow Jones is currently positioned at a crucial technical pivot point, showing strong bullish signals supported by improving macroeconomic conditions. Investor sentiment appears to have turned increasingly optimistic as recent updates on GDP growth exceeded forecasts, and corporate earnings have been beating expectations. The index is trading confidently above its 200-day moving average, showcasing healthy upward momentum.
Market volatility remains subdued, which is historically a prerequisite for steady gains in the Dow Jones. Volume analysis indicates rising accumulation from institutional investors, signaling their confidence in continued upside. With sectors like energy and industrials leading gains, the broader market appears poised for further advances.
**Recent Performance:**
Over the past month, the Dow Jones has climbed nearly 4% from its September lows near the $41000 level. This rally has been sustained by increasing investor risk appetite, particularly following easing concerns over inflation as shown by cooling Consumer Price Index (CPI) data. The index has also outperformed its peers, recording fewer broad-based declines compared to the S&P 500.
**Expert Analysis:**
Technical analysts have highlighted a breakout above the $42500 resistance level, which now acts as strong support. Momentum oscillators such as the RSI (Relative Strength Index) point toward further bullish divergence, suggesting that the upward trend has more room to run. The MACD (Moving Average Convergence Divergence) has crossed into bullish territory, enhancing the case for long positions.
Economists and strategists suggest that fiscal policy stability, combined with a steady labor market, provides a favorable environment for equities. The resilience of key Dow components like Caterpillar and Boeing further underscores the strengthening bullish case.
**News Impact:**
Recent news around potential interest rate pauses by the Federal Reserve has further soothed investor nerves, leading to an influx of capital into blue-chip stocks. Positive economic data from manufacturing and services sectors has also bolstered expectations for a "soft landing" scenario, minimizing recessionary concerns and driving up valuations in core index components.
**Trading Recommendation:**
Given the confluence of technical and fundamental strengths, we recommend a LONG position in the Dow Jones. The entry around the current $42654.74 level provides an attractive risk-to-reward ratio. Targets of $43500 and $44200 correspond to key resistance zones, while stops at $42000 and $41500 provide ample protection against unexpected market reversals. This trade is suitable for medium to long-term horizons, capitalizing on the solid macroeconomic and technical foundation supporting the Dow Jones' upward trajectory.
Potential downward moveUS30 has been bullish since selling to 36,500 and later retested the lower bound but settled at 37,800. Upon settling above these figures, the indice has been gradually growing, intending to touch the established highs at 42,800 and further up at 45,000. If the price action manages to stabilise above 42,800, the bullish move will still continue until the top.
However, if price fails to settle above 42,800, a bearish correction may be likely, in search of a support structure that will initiate a bullish rise again.
US30 Eyes New Highs โ But Pullback Likely FirstThe Dow Jones (US30) remains in a short-term ascending channel, with momentum building toward new highs. However, signs point to a stronger pullback before those upper levels are tested. Watch for the channel base and broader trendline to act as key support before continuation.
US30 Markup May 18thWhat did the tomato say to the other tomato during a race? Ketchup!! Now lets ketchup on these charts.
Price is in an uptrend and is nearing my key level 42,474. If price breaks and retests that area, then I will get in for the buy and buy up to 42,672 area.
However, like a puppy, price does whatever it wants. So, if price breaks structure around 42,268, I shall wait for price to break and retest that area so I can get in for the sell down to 42,141.
I shall be waiting for the break and retest on the one-minute timeframe for both the buy or sell.
Lastly, enjoy yourself, and be responsible.
Drop followed followed by long.Dow Jones is currently attempting to continue its bullish resurgence, but has failed to do so by failing to stabilise above 40,883. As long as price action is under the 40k mark, the points may likely retest the previous support barriers, situated between 39,500 and 38,750, as likely bullish catalysts for a long opportunity. However, by failing to go down, breaking, and stabilising above 40,883, the price may continue going up, targeting 42,600 and 42,000.
"US30 Heist Alert: Thief Style's Bullish Plan to Steal Profits!"๐ Salut! Ciao! Hola! Konnichiwa! ๐
Dear Wealth Raiders & Market Bandits, ๐ค๐ฐโ๏ธ
Hereโs our slick *Thief Trading Style* heist plan for the **US30 / Dow Jones Industrial Average Cash** Index, crafted with sharp technicals and fundamentals. ๐ฅ Stick to the chartโs long entry strategy and aim to slip out near the spicy Yellow ATR Zoneโa risky, overbought level where bears and traps lurk. ๐๐ธ *Grab profits and treat yourself, youโve earned it!* ๐ช๐
**Entry ๐**: The heist kicks off! Watch for a breakout above the MA line (42600.0) to jump inโbullish riches await! ๐ค Set *buy stop orders* above the MA or *buy limit orders* near the most recent 15/30-min swing low/high for pullback entries. ๐จ Set an *alert* to catch the breakout signal!
**Stop Loss ๐**: Yo, thieves, listen up! ๐ฃ๏ธ For buy stop orders, hold off on placing that stop loss until the breakout confirms. ๐ Place it at the 8H recent/swing low (40850.0) for day/swing trades. Adjust SL based on your risk, lot size, and number of orders. Play it smart, or itโs your loot on the line! โ ๏ธ๐ฅ
**Target ๐ฏ**: Aim for 44500.0 or bail before the target hits. ๐ดโโ ๏ธ
**Scalpers, eyes here ๐**: Stick to long-side scalps. Big bankrolls can dive in; smaller ones, join the swing trade heist. Use *trailing SL* to lock in your haul. ๐ฐ
๐ธ **US30 Market Heist Outlook**: The index is neutral but leaning bullish, fueled by key drivers. โ Check the fundamentals, macroeconomics, COT reports, geopolitics, sentiment, intermarket analysis, and future trend targets for the full score. ๐๐
โ ๏ธ **Trading Alert: News & Position Management** ๐ฐ๐ซ
News can shake the market hard. To protect your loot:
- Skip new trades during news releases.
- Use trailing stop-loss orders to secure running profits.
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---
### Latest Real-Time Data (UTC+1, May 16, 2025) ๐
*Data sourced from reliable platforms like Financial Juice and official market feeds.*
**Indices** ๐
- US30 (Dow Jones): 42580.0 | +0.18% ๐
- S&P 500: 5720.5 | +0.12% ๐
- NASDAQ 100: 20150.2 | +0.25% ๐
- FTSE 100: 8250.3 | -0.05% ๐
---
### Latest COT Data (Updated Friday, May 9, 2025) ๐
*Commitment of Traders (COT) report for US30/Dow Jones futures, sourced from CFTC.*
- **Non-Commercial (Speculators)**:
- Long: 45,200 contracts | +2,500 ๐
- Short: 38,900 contracts | -1,200 ๐
- Net Position: +6,300 (Bullish bias) ๐ข
- **Commercial (Hedgers)**:
- Long: 82,500 contracts | -1,000 ๐
- Short: 90,700 contracts | +800 ๐
- Net Position: -8,200 (Bearish hedge) ๐ด
- **Open Interest**: 165,400 contracts | +1,200 ๐
- **Key Insight**: Speculators are increasing bullish bets, while hedgers lean bearish, signaling potential volatility near resistance levels like the Yellow ATR Zone. โ ๏ธ
---
๐ฅ Join the *Thief Trading* crew, boost the plan, and letโs raid the markets together! ๐ค๐
US30 D1 | Bullish Continuation Based on the D1 chart analysis, the price is falling toward our buy entry level at 41,289.74, a pullback support.
Our take profit is set at 43107.01, an overlap resistance.
The stop loss is placed at 40,618.88, a swing low support level.
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Losses can exceed deposits.
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US30 MAY 15What kind of birds stick together? Velcrows! And we shall stick together as we conquer this market. Today price is stuck between 2 key areas (41,973 and 41797).
I am going to wait for price to break and retest one of those areas before I get into a buy or sell respectfully. on the 1m timeframe.
And I'm trading level to level. If it goes for the sell, it is evident that price will try to fill in the price gap that it left behind and few days ago. 41,527 level
And if price decides that it wants to go for the buy, I'll buy up to the next level where price last stopped on the hourly, 42,139 level.
But, like a 21-year-old girl, 5 shots in off of Tequilla, price will do whatever it wants, so trade responsibly. And have fun!!!
DJI - 2000 pts already moved out of 8000 pts since last posted?It has already moved around 2000 points since last posted on 22nd April. Expecting around 8000 points moved as per mentioned earlier and the levels are still the same. Introduced additional levels for the better understanding. So, another 6000 points move pending before any reasonable correction? let's see.
Upside: 41240.49, 43084.22, 45025.94 and 46967.67
Downside: 34578.53, 32728.34, 30786.61 and 28844.88