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US30 trade ideas

US30 Hits ATH: Bullish Continuation Amid Post-Election Momentum US30 Technical Analysis US30 futures soar to record high after Trump claims victory The price will continue the bullish trend to get 43890 as long as trades above 43350, also there is a retest possibility to43450 Bearish Scenario: A daily candle close below 43220 would signal a bearish move, targeting 42910 and 42770. Bullish Scenario: As long as the price trades above 43450, the bullish momentum is likely to continue toward 43890. Trading above 43350 confirms entry into a new bullish zone. Key Levels: Pivot Point: 43350 Resistance Levels: 43700, 43890, 44000 Support Levels: 43220, 42910, 42770 Trend Outlook: - Bullish by stability above 43350
OANDA:US30USDLong
by SroshMayi
US30 US Election Rally Buy US30 @ 41850 - 41780🏦US30🏢 US Election Rally 💎Buy US30 @ 41850 - 41780💎 Tuesday 11/05/2024 07 PM 41640 StopLoss —> 41855 BreakEven+ Scalp TakeProfit 1: 41870 TakeProfit 2: 41890 TakeProfit 3: 41910 Daily TakeProfit 4: 41930 TakeProfit 5: 41950 Swing TakeProfit 10: 42050 TakeProfit 20: 42250 TakeProfit 30: 42450 Position TakeProfit 50: 42850 TakeProfit 100: 43850 TakeProfit 200: 45850 TakeProfit 300: 47850 Richard Eyo ~ The Wizard 🧙‍♂️
PEPPERSTONE:US30Long
by SmartWizardFX
US30 Trendline Breakout AnalysisRecently, US30 (the Dow Jones Industrial Average) broke through a key resistance trendline, signaling a potential shift in market momentum. Here’s why we think this breakout is significant and why the index may continue to rise: Positive Economic Indicators: Recent economic data has shown resilience, with strong corporate earnings reports and steady employment numbers, reducing fears of an imminent recession. These factors boost investor confidence, attracting buying pressure and supporting upward price movement. Lower Interest Rate Concerns: With inflation showing signs of cooling, the Federal Reserve may ease on aggressive rate hikes, which typically weigh on equities. The market often rallies when the outlook on interest rates is more favorable, as it lowers borrowing costs and encourages investment in riskier assets like equities. Technical Breakout Confirmation: The recent breach of the resistance trendline was supported by high trading volume, which often validates the strength of a breakout. Additionally, other technical indicators, such as moving averages and the Relative Strength Index (RSI), show bullish momentum, suggesting that the breakout is not a false signal. Market Sentiment and Risk Appetite: Investors appear to be shifting toward a "risk-on" mode, with increased demand for growth-oriented and blue-chip stocks in the US market. This shift in sentiment often leads to further gains in major indices like the US30, especially as it represents stable, high-performing companies. Seasonal Trends and Year-End Rally Potential: Historically, the end of the year often brings about a “Santa Claus rally” in equity markets, where stock prices trend upward due to favorable market sentiment and portfolio adjustments. This seasonal pattern may further support the US30’s upward trajectory as we approach the year-end.
BLACKBULL:US30Long
by US30EMPIRE
1-hr US 30: Buyers Are in Control The US30 index is currently displaying significant bullish momentum, highlighted by the formation of a Golden Cross, where the 20-day moving average (MA) has crossed above the 60-day MA. This technical pattern is widely regarded as a strong upward signal, often indicating the potential for continued price gains. However, after reaching new highs earlier this week, the index is now experiencing a correction phase, with the price pulling back to test the immediate support level at the 23% Fibonacci retracement. This zone may serve as a key short-term support, yet profit-taking by traders could exert additional selling pressure, potentially driving the index further down. A deeper correction might see prices testing the 38% Fibonacci retracement at 43,430 or even extending to the 50% retracement level near 43,100. From a risk management standpoint, these lower levels offer more attractive and safer entry points for long positions, as they align with stronger technical support and provide a better risk-reward profile for traders looking to capitalize on the broader bullish trend.
CAPITALCOM:US30Long
by Trendsharks