Blacc Tone StrategyThis video is my first on chart self recording video. so don't expect to much , just chill and listen and know that my actions must speak louder then my words 💯
DJI trade ideas
Euphoria LONG for TARGET area 49-52kBased on the long term analysis market could probably top in coming months which are seasonaly strong periods for the markets called as Santa Claus rallies and early beginning of the next year in 49-52k area we could reach some turnaround point. We are now still in very nice and strong uptrend when buy on pullback is reasonable still but based on funds massive long exposure which is unprecedent I expect we are coming to the last euphoria stage for markets which may rocket the price to 50k area. I am cautios and will be looking for short entry opportunities then. Now targeting long entries.
Us30 MonthlyFrom the point of view of price action analysis, the general trend of the Dow Jones index is bullish. But the short-term trend of the market is expected to be downward. Therefore, the price can go down to the range of 43300, the range of 44400 is the local range for Dow Jones, which by rejecting it, it can move up to 4700 with minor corrections.
US30 H1The Dow Jones closed the week with a sharp overbought and accordingly we are waiting for a long correction
We are looking to buy from the 43300 levels
With targets at the 43900 level
Second target: 44500
Our stop is the closing of an hourly candle below the 43000 levels
Dow Jones 11 Nov 2024 ForecastThis is my forecast for next week's DOW JONES markets, we have been seeing a significant and consistent rise in price, but i presume price might reach back for a fair valuation before pushing higher more so that we have passed the elections buzz
KEEP LONG ENTRIES FOR NEXT TOP AT 46500We will move our pivot point up from previous pivot, target price is 46500, timezone is marked between 2nd to 23rd December 2024 to align with the top. Price and time are growing out in well structured Phi models and we expect that if 46500 price is reached within the marked timezone then a strong market correction will follow.
Although our actual projection for the major market top still remains at 27th October 2025 we expect that markets will begin to stall if price reaches the 46500 price level earlier.
Trade safe
Bullish continuationUpon anticipating a bearish reversal, the index bounced off a previous resistance at 43.890 and rose further. The index will likely expand until the upward momentum gradually starts declining.
Election Year Cycle & Stock Market Returns - VisualisedIn this chart, we're analysing the open value of the week the US election took place and comparing it to the open of the following election, showing the gain (or loss) in value between each election cycle.
Historically we can see prices in the Dow Jones Industrials Index tend to appreciate the week the election is held. Only twice has the return between the cycles produced a negative return.
Buying stocks on election day, 8 out of 10 times has yielded a profitable return between the election cycles. 80% of the time in the past 40 years returning a profit, has so far been a good strategy to take.
The typical cycle starts with the election results, an immediate positive movement and continued growth before finishing positive.
The Outliers
2000-2004 was the only year which ended negative without prices going higher than the election day.
2004-2008 increased 41.84% before ending negative.
2008-2012 began the cycle falling 30.62% before finishing positive.
The names of presidents who won their respective elections is to visualise who had the presidential term during that specific cycle.
NVIDIA joins the DowUS stock indices settled down a touch yesterday. The Dow ended unchanged. The mid-cap Russell 2000, which had soared on news of Trump’s win, pulled back a touch to close 0.4% lower. The S&P 500 added 0.7%, while the tech-heavy NASDAQ gained 1.5%. Volatility, as measured by the VIX, has fallen sharply, and is now back to levels last seen towards the end of August, not long after the yen carry-trade unwound. The majors were mixed in early trade this morning, but then turned lower. There is little in the way of significant economic data releases or earnings reports to influence market direction. It’s worth noting that NVIDIA is entering the Dow Jones Industrial Average, replacing Intel. This should give the index an extra jolt of volatility. Bear in mind that the Dow is a price-weighted index which means the higher the stock price, the greater the influence on the index. NVIDIA is trading at an all-time high just under $150. Intel trades around $26, having recently bounced off lows last seen in September 2010. NVIDIA will rank at the top of the bottom third of the index, while Intel was bottom. The inclusion of NVIDIA comes just ahead of its next earnings update on 20th November. Bond yields have softened, pulling back from highs last seen in July. Yesterday the Federal Reserve cut rates by 25 basis points, as expected. Fed Chair Powell said he was ‘feeling good’ about the economy, although he did warn that the US was on an unsustainable path as far as fiscal policy is concerned. He also made it clear that he would complete his term as Chairman which runs until 2026. The President has no power to sack him. Markets are still predicting one more 25 basis point rate cut in 2024, but the probabilities are swinging about a bit. As usual, the Fed will remain data-dependent when it comes to rate decisions, although Powell maintains that current monetary policy remains restrictive. No doubt he’s thinking of all those real estate loans that will reset next year.
US30 Bearish Correction with Key Resistance at 43890Technical Analysis
The price has risen approximately 210 pips, as mentioned yesterday.
Today, as long as trades remain below 5989, a drop toward 5931 is expected, followed by consolidation between 5931 and 5989 until a breakout.
Alternatively, if a 4-hour candle closes above 5989, it would signal bullish momentum with a potential move towards 6021.
Key Levels:
Pivot Point: 5989
Resistance Levels: 6002, 6021
Support Levels: 5950, 5931, 5891
Trend Outlook: Bearish Correction
previous idea:
US30 Plan For Coming DaysI am Planning Short for Us30, Because Price Rejected from High, 42,000 Level in Card for Coming Days.
US30 Bearish Trend For Coming DaysI am Looking Bearish trend US500 in coming days, Monthly Candle Sweep Also Previous Candle High.
US30 BUY ANALYSIS BULLISH PENNANT PATTERNHere on US30 price form bullish pennant pattern and now try to rise so if line 43914.4 break that mean price has more chance of rising up and trader should go for LONG with expected profit target of 44520.4,45205.6 and 45943.4 . use money management
The possibility of climbingAs long as the index fluctuates above the support range, the upward trend is likely to continue.
Otherwise, it will be possible to continue the corrective process up to the specified support levels
Slight pullbackA potential pullback to touch the previous all-time high that has turned into support is possible.
US30 - 15 min ( Sell Trade Target Range 500 : 1000 PIP ) 💎 US30
Time Frame : 15min Chart
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🔻 Type :intraday
🚨Bearish Break Out Done - expecting bearish Wave From Current level 43750
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☑️Great opportunity now
Please check the drawing carefully and all the reasons for entry and exit are shown in the analysis
If the analysis does not agree with you, please do not take it
This is a personal vision that reflects my practical way
good luck for everybody
And we strive to provide the best opportunities and develop your money
Please apply good capital management
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
US30 Is Bearish! Sell!
Take a look at our analysis for US30.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 43,838.04.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 42,226.86 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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