Correction It is expected that after some fluctuation, a downward trend will form and cross the support trend line. In this case, the downward trend is likely to continue. If the index crosses the resistance range, the continuation of the upward trend is likelyShortby STPFOREX0
us30 longI'm entering now risking 100 pips & targeting 450 pips check back my analysis months back when it was around 40 what was my analysis .. but we are close to the end will short it soon Longby ARCHREX1
Will DOW – US30 Continue to Rise?When the DOW daily chart is examined; It is observed that the price movements continue in the upward trend with the formation of the inverse head and shoulders formation. It is evaluated that the index price can target the level of 44641 by passing the level of 42381 upwards in price movements above the level of 41546 as long as the level of 40094 is not broken down.Longby profitake0
DJI, Elliott wave analysisOutlook for DJI on the 4h chart. There have been no changes since the last update. It looks like the waves of the lower degree are forming an Expanding Diagonal pattern. If this scenario is correct, we are probably in sub-wave c of wave 5, and the final wave 5 within sub-wave c has started. At the same time the final wave 5 completes, the upper-degree wave (b) will complete. The next phase is the upper-degree wave (c). It will probably crash. Last time, my idea: Sep 15, 2024. Short-term analysis. Sep 2, 2024. Middle-term analysis. Shortby EWA-tokyo0
Breaking Down the 30 Noise: BULLSEYEThe US30 is currently approaching yesterday's high, suggesting a potential continuation of the uptrend or resistance for a sell. While the broader timeframe remains bullish, the pair is due for a pullback after the recent rally. The presence of a retracement at the 78.6 Fibonacci level provides a solid support level for a potential sell trade. Considering these factors, selling US30 at the current levels, with a stop-loss placed above the recent high, could be a viable strategy to capitalize on a short-term pullback.Short02:48by See_NoLimits1
DOW/US30 what are we going to do next. Short at 42275-42268 - only once the price confirmed. with Stop loss MUST BE at 42326 Target 1 at 42233 - always take partial Target 2 at 42174 - bring STOP LOSS TO BE Target 3 at 42142 These 3 are likely hit due to data come out Target 4 at 42117.90Shortby ActiveTraderRoom3
let's not be greedylet's not be greddy and take what the market is offering i am aiming at 1:2 risk reward. yesterday we swept the pdh and ran the pdl..we left behind a beatiful FVG in 1h.. am taking a sell from there....cross fingersShortby langemataso0
BULLISH BIAS ON DOW JONES The markets price action has been healthy forming HH and HL and multiple breaks of a swing high the 1H bullish breaker block was respected at 41850. Price sliced through a previously tested 2h demand 42082.2 the market seems to be retracing back to that 2h demand zone. Placed my stop loss below that 200MA if the edge plays out, I'll be looking to exit at 42281.5 Longby Nigel-K-W1
Shorting US30Looks good to start short here indicated to me a reversal will be shorting from here will be watching closely the news. Happy trading IAMShortby MillionaireMind7172
DJIA H1 | Potential bullish breakoutDJIA (US30) is rising towards a potential breakout level and could climb higher from here. Buy entry is at 42,200.56 9 (at market) which is a potential breakout level. Stop loss is at 41,890.00 which is a level that lies underneath a swing-low support and the 50.0% Fibonacci retracement level. Take profit is at 42,661.89 which is a level that aligns with the 78.6% Fibonacci projection level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:32by FXCM117
Us30 sellUs30 showing trend shift Good opportunity for sell As mentioned in the chartShortby sunnnnnyy180
Could price bounce from here?US30 is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 41,602.08 1st Support: 41,136.87 1st Resistance: 42,191.55 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.ULongby ICmarkets6
Mid Week Analyses 25/09/24 As I mentioned in my previous posts, price would take out the highs at NSYE open before beginning its retracement. Great sell if anyone caught a sniper entry from the highs. Following the correction today, a 10H HL was signalled at 41,917.9 as the biggest TF with a type of low. Despite signalling a 10HL, the smaller TF such as the 7H and 8H failed to signal their respective HL. Furthermore, the 10H HL did not reach the 23.2% fib level. This indicates that there is potentially more selling to happen that we need to be aware of. Historically once a HL has not been signalled on a smaller TF but is signalled on a bigger TF, this can mean one of two things: 1. Price will resume its downtrend after signalling a LH on the smaller TF to fulfill the HL on the missing timeframes. 2. Price will make new ATHs forgoing the HL on the missing TFs, but these new ATHs will soon reach a level of exhaustion before committing to an even bigger correction. 7H chart showing no HL signalled 10H chart showing HL signalled Going forward: Given the current bullish pressure, I have closed my sell positions and entered a buy position since price is clearly respecting a level of support on the smaller TF. I will monitor the bullish momentum accordingly to observe for signs of retracement. Using my fibs, it is possible that price can signal a LH on the smaller TF at 42,149.8 - 42,205.3 before resuming its downtrend to make a LL. If not, price will continue bullish to make new ATHs forming a double top region before resuming its downtrend to form a bigger correction. by jhannellefrancis115
US30 SWING SELLS 26/09/24We have broken bullish ranges and created bearish range from daily, H12...Now expecting extreme pullback into extreme supply within bearish range. Best sells can be taken from 42200 to 42300 then hold all the way down to max TP @40650Shortby TheWolfOfWallstreet0016
US30 - LETS THE BEAST RUN BACK HOMERUNLong USD at current market price 41934-46 STOP LOSS AT 41942 TARGET AT 41988 TARGET AT 42023 TARGET 42082 Once the 1st target hits , move stop loss to 41875 Once the price break above 42000 then move stop loss to BELongby ActiveTraderRoom3
Dow Jones Industrial Average (US30) - 1D Chart AnalysisThe Dow Jones (US30) is in a strong uptrend, nearing a key resistance zone around 41,886 USD. Fibonacci analysis highlights critical levels that can help identify potential support and resistance zones. Meanwhile, the TDIGM indicator signals overbought conditions, suggesting a possible short-term correction. Key Levels: Resistance: 41,886 - 42,313 USD (Fibonacci -0.272 extension). Support: 40,594 USD (Fibonacci 0.236) and 39,701 USD (Fibonacci 0.5). Critical Lower Zone: 38,009 USD (previous significant low and potential correction target). Technical Indicators: The TDIGM is showing overbought conditions, with lines above the 60 mark, indicating that the market may be nearing exhaustion. Price is slightly above the support-moving average, implying the uptrend is still intact but could face selling pressure at current levels. Investment Strategies: 1. Short-term Sell Strategy (Correction Bet): Sell Entry: Between 41,800 - 42,000 USD, anticipating a correction after the recent rally. Stop Loss: Above 42,313 USD, to protect against an upside breakout. Take Profit: Target support zones at 40,100 USD (Fibonacci 0.382) and 39,701 USD (Fibonacci 0.5). 2. Medium-term Buy Strategy (Support Retest): Buy Entry: Between 39,701 - 40,100 USD, aiming for a rebound after a correction to these Fibonacci levels. Stop Loss: Below 39,300 USD to manage downside risk. Take Profit: Target resistance at 41,800 - 42,000 USD, with potential to extend to 42,313 USD if momentum builds. 3. Buy Breakout Strategy (Uptrend Continuation): Buy Entry: Upon a clear breakout above 42,313 USD. Stop Loss: Below 42,000 USD to mitigate risk. Take Profit: Extend targets to 43,000 - 43,500 USD, forecasting further bullish continuation. The Dow Jones (US30) is testing key resistance. Despite signs of overbought conditions suggesting a possible correction, the strength of the uptrend cannot be ignored. The strategies outlined aim to capitalize on both short-term corrections and potential breakouts, with well-defined entry and exit zones. 💡 Follow me for more insights and high-probability trading strategies!Longby MrVNpt1
DOW JONES: At the top of the six month Channel Up.Even though Dow Jones has reached the top of its Channel Up pattern, it remains on very balanced bullish technicals on the 1D time-frame (RSI = 62.120, MACD = 487.030, ADX = 32.488). Our trading plan will be based upon breakouts. As long as the price remains under the top of the Channel Up and over the dashed trendline of the August wave, it is a no action (do nothing). If it crosses above the top of the Channel Up, it's a buy (TP = 43,500) as most likely we will see an extension of the wave to a new +8.28% rise. If the price crosses under the dashed trendline, its a sell (TP = 40,900) to the 1D MA50 at least. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope5
US30 ANALYSISall my us30 traders go ahead for down trend, validation : 1.its valid till price reach stoploss point : 42458 daily trade point : 1.our trend is down 2. NY session will react with up and down like pump it first as a trap then dump it good luck. IT'S JUST A GOOD BUSINESSShortby armindehghani5
POSSIBLE 5th WAVE TOP WE Min targets have been met. The chart posted is that of the Dow Jones avg . I can now make a strong case that todays high can be the End of the rally from Oct 13 low 2022 the min target was 41958 and could have even reached as high 43100 based on the wave structure I feel it is time to be 90 to 100 % Longs PUTS . See the RSI not reaching new highs and that the QQQ is having a great deal of trouble at my 486 /494 . As to the SOX index I called for a wave C up to end wave B and form the Right shoulder in My weekly head n shoulder TOP .I have thought we could hold up into 9/30 to ideal date of 10/2 I see a Major Event the week of OCT 11 to the 19th . I have told everyone to View the 2007 top formation . BEST OF TRADES WAVETIMER !!!by wavetimer1
US30, last trade of the day for meTeam, what an amazing win today for US30, we shorted earlier. as I predicted it will go this low. So TIME for little recover. LONG ENTRY NOW 42012 STOP LOSS at 41977 Please do only half volume only from previous short Target 1 at 42087 Target 2 at 42129 Once it break above 42057, please bring STOP LOSS to BE, because I could be going to bed it is 1.25am for me. i just set target and go sleep with stop lossLongby ActiveTraderRoom1
Recap of my DJ30 short in NY SessionReversal continuation trade, 3 days of longs, NY Open trapping the high and then pushing down into MRN for a continuation trade to PDL04:46by TC888221
Dow Jones tests upper band of channelThe Dow Jones trades within a rising channel. The price has risen to fresh record highs above 42.2k and is running into the upper band of the rising channel, dating back to the start of April. The RSI is on the brink of overbought territory, so buyers should be cautious. A rise above the trendline resistance opens the door to a 43k round number. On the downside, support is seen at 41,565, the August high. It would take a fall below 40k to create a lower low.Longby FOREXcom0