US30, wave 5 should start now towards 42kLooking at US30 we have a high probability of turning into bullish again.
RSI long signal
Strong daily support
Bullish Engulfing candle
Possible wave 4 low
I expect new ATH to be build soon
WALLSTREETCFD trade ideas
Next week Analysis (US30) Daily candle closing on a strong sell with no wick showing further drop on the Monday to the 40,100 zone hitting TP. SL has been adjusted in the Green now 40,500. There is a strong support area between 40100-39800 will watch a strong move here to the upside to possibly retest 40700
Will be looking to Long in this area as it has shown great support in the past. I will be aiming for the previous support zone
Happy trading
Have a great weekend
I AM
Testing the lower barriersUpward movements to retest the highs failed. Price we'll find support at the lower barriers!
US30: Sell Opportunity After Red Line RejectionUS30 has shown a strong rejection at the red line, signaling a potential sell trade. Keep an eye on price action as it approaches the green levels—possible bounce zones where a reversal could occur. These key areas may provide both continuation and counter-trend opportunities for day traders.
Got questions about these lines? Drop a comment, and follow for more real-time insights!
Disclaimer: This is not financial advice. Always trade responsibly!
US30 - YM I love when the markets move smoothly like this. There are good day trade and scalp moves to catch 100-300point moves which are my type of moves. Bullish or Bearish doesn't matter good technicals will help make good profit.
US30 -near to support? What's next??#US30.. Dow Jones is just near to his supporting area.
And if market hold it then bounce expected from here .
Keep close and stay sharp
Good luck
Trade wisely
US30= BuyTrend to the upside continues with a three wave structure being completed along with the B wave coming to an end, heading now towards the C wave.
Lets see how it goes
AMD IN DEPTHIn the following video, I'll explain what the Power of 3 is, how to use, how to spot it, and how to apply it to your trading.
US30: A record Higher High is On The Way $43000! Swing TradeBLACKBULL:US30
Fundamentals supports our idea, while looking at the technical side we can confirm that price will drop around 39k to 39.5k this is the zone which remain a key level for the big buyers. Ideally we would wait for price to approach our key level and then take buy entry. However, we might see early price mitigation around $40000 region. Good luck.
US30 Shorts BLACKBULL:US30 over all price is bearish, as it formed equal lows on that support we're gonna see bulls for short space of time. Then right after we'll see an impulsive move to the downside. Hense NFP direction has now been predicted.
forecast for US30"I’m currently observing a potential bullish entry on the US30 before considering a short position. There are several fair value gaps (FVGs) and order blocks that need to be retested before confirming a bearish move. This is my most straightforward and analytical interpretation of the current market conditions."
Feel free to adjust if needed!
Bearish Outlook Continues Ahead of NFP and U.S Jobs Data ReleaseNFP, Unemployment Rate, and Average Hourly Wage Data Set for Release Today
The price declined by approximately 550 points, as highlighted in our previous analysis.
From a technical standpoint, today's outlook remains bearish, supported by the positive U.S. jobs data. The price is projected to reach 40,470 and 40,320, with a potential break below 40,320 paving the way toward 40,000. Alternatively, if the price stabilizes above 40,470, it may consolidate between 40,470 and 40,800.
These economic reports are expected to significantly influence Dow Jones market movements.
Key Levels:
Pivot Point: 40620
Resistance Levels: 40700, 40800, 41030
Support Levels: 40470, 40320, 40000
Expected Trading Range: 40700 - 40000
Trend: Bearish while under 40630.
DOW JONES correction to extend until the Fed.Dow Jones (DJI) did what we expected of it 3 weeks ago (August 13, see chart below) and after pricing a Higher Low at the bottom of the 5-month Channel Up, it rebounded and reached the All Time High (ATH), pricing a Higher High:
In continuation of that analysis, we now expect the new Bearish Leg to extend to possibly as low as the 0.618 Fibonacci retracement level, which was the case with the May 30 pull-back.
The 1D RSI suggests that a 35.00 value would be ideal to signal a buy (same as May 30, see how both RSI fractals priced the top on the 70.00 overbought limit), while a Bullish Cross on the 1D MACD would be the final confirmation of the buy.
Our long-term Target remains 42400 (+11.00% from the Higher Low, the same % rise as the July 18 High).
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Dow Jones - ShortWhile DJI generally looking bullish trading in an ascending channel, the momentum price reacted at the upper band of the channel and retraced lower. Following a second consecutive session lower, a further continuation lower is anticipated with the middle level of the channel at 4,250 to be a reasonable target price for a price reaction. For the long term, bullish sentiment remains intact, though for such scenario a bullish reversal indication is needed.
Does the middle level hold and bounce the price back higher or the lower level of the channel is ahead?
Us30 analysisAs you can see we have a kind of double top followed by a CHoCH, a broken trendline and a clear divergence in TSI indicator.
I think this area has its potential to set a sell order.
Please consider the risk management.
Goodluck.
Downward trend It is expected that the downward trend will move according to the specified path and after meeting the resistance range, the continuation of the downward trend will be formed.
US30 Daily Technical AnalysisIt's a simple trading analysis. If this help your daily bias then I'm glad :) Don't forget your risk management. GBU!!
London / New York Session Recap - UK100, OIL [L], US30, NAS100UK100 Weekly Breakout Continuation Setup
OIL Trend Retracement Setup
US30 Trend Retracement Setup
NAS100 Fakeout Setup
US30 Outlook💹 Indices:
👁️ Outlook:
US30 has been breaking down into the 200ema
Context time frame (5hr): I would like to see price show strength above the 10ema and 50ema before looking for longs.
Validation Time Frame (30m): Price is below the 10/50/200 and is breaking into new lows.
Neutral on US30 until it shows strength in the same direction both on 5hr and 30m time frame.
US30/ DOW JONES US30 is forming A flat pattern, and the price might reverse and go north with a bullish momentum from the point of Fibo extension 2.61%
The pattern is canceled if price goes beyond 3.14 Fibo extension , as shown in the chart.
US30 - OUTLOOKFew weeks ago, I expected dollar to star making some recovery. And we can now se this impact on the stocks market.
Slow bleed, but we will get there, my ideal next target is 39200 for US30.
"May fortune attend thee, and thy trade prosper." .......L2Earned"
SELL ENTRY ON US30 THIS MORNING ! PROFITS !Using price action i entered this trade by waiting for price to break back below previous level of resistance. i than waited for a pullback to the same level and enterd my sell at 9am in the morning .
