NEW IDEA FOR DOWJONES The Dow Jones index can increase in price up to the 200% Fibo resistance at 43956 on the condition of maintaining and not recording any four-hour close candle time below the important support interval in the range of 42648-42487.Longby arongroupsPublished 9
#US30 1HFor the US30 on the 1-hour chart, a bearish engulfing pattern has formed, signaling potential selling pressure. This candlestick pattern occurs when a large red (bearish) candle completely engulfs the previous smaller green (bullish) candle, indicating a shift from buying to selling momentum. It suggests that sellers have taken control, and the market may see a further downward move. Forecast: Sell Given the engulfing pattern, the expectation is for a bearish continuation, with potential downside targets as the selling pressure builds. Traders may look for confirmation through additional indicators or price action before entering sell positions.Shortby PIPSFIGHTERPublished 1112
Prepare to fly with US30 US 30 has come to a good zone to fly... If you took profit from my last signal or analysis.. Drop a message in the comment section. Check my analysis chart for all explanation.Longby SwiftTradrPublished 3
Downtrend A corrective trend is expected to form up to the specified support range. Then, according to the behavior of the index in the support range, possible scenarios have been identifiedShortby STPFOREXPublished 0
US30 Futures Remain Under Pressure as Investors Eye Bank EarningDow and S&P 500 futures remained stable on Wednesday, while Nasdaq 100 futures experienced a slight uptick after a selloff in tech and oil stocks during the previous session. Investors are closely monitoring the quarterly earnings releases from Morgan Stanley and other major banks. Technical Outlook: The price has retreated from its all-time high of 43,200, maintaining a downtrend for US30 companies. Today’s market will be particularly sensitive, as earnings announcements are anticipated. As long as the price remains below 42,820, a decline towards 42,600 and 42,450 is likely. Alternatively, if a 1-hour or 4-hour candle closes above 42,820, stabilization may drive the price up towards 43,025 and 43,200. Key Levels: Pivot Point: 42820 Resistance Levels: 43025, 43260, 43500 Support Levels: 42610, 42450, 42300 Trend Outlook: Bearish By stability below 42820 Bullish by stability above 42820 previous idea: Shortby SroshMayiPublished 5
US30 Bullish BLACKBULL:US30 price overall is bullish but after breaking out of the bullish trend price is now heading for 42 400.00 level. That's the support level where we'll see another impulsive move to the upside. Longby Michael080kPublished 0
US30 short predictionMy first ever US30 short projection. Price is at the top range of the market structure. I am expecting this to start downward movemwnt. This will take about 8 - 14 days to hit TPShortby bubheiPublished 668
Reversal head & shoulders Pattern Neckline Breakout. It has breakout the uptrend as well as neckline the reversal pattern. we can get sell opportunity .its not financial advice just education purposes.by FXNEWSCLUBPublished 113
BEARISH RISING WEDGEWe are nearing the US30 elections which will cause a big drop on markets and us30 has given us a setup that may likely let us catch the move at its peakby flyboy_fxPublished 1110
US30 UPWARD PUSHWe are continuing the wave by retetsing the previous high in order to make new higher waves and complete the wave cycleLongby flyboy_fxPublished 1
Weekly Forex Outlook Sun.Oct.13.2024 - Fri.Oct.18.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion06:47by unkn0wntrad3rPublished 111
US30 BUY-Market hit 4h and 15min support and seems to be respecting it. (we see 3 touches on 5 min each higher than the other) -30 minute RSI is currently sitting at 32 -FVG needs to be revisited at 4285 area - 1 min tm seems to show sellers exhaustion -I expect a lower high on 15min tm to start forming - Last but not least, traders intuition tells me its a buy Longby The8thWonderTraderPublished 221
October is Going to be a BloodbathDon’t Follow the Herd: A Rare Opportunity to Take Profits Don't believe the media or the herd when they tell you to buy NVDA and hold the stock market. This is a rare opportunity to take profits and possibly speculate short on the market. The current Elliott Wave count implies a crash in October, and NVDA, which topped out nearly 100 days ago, WILL lead the way down. Let's summarize some of the key reasons why you should be bearish: Elliott Wave Ending Diagonal: Signaling a Crash Current Elliott Wave analysis shows we are in an ending diagonal pattern. This formation is known for indicating the final stages of a trend, often leading to sharp reversals or crashes. The completion of this pattern suggests that a major decline may be imminent, with little room left for further upside. THERE DOES NOT NEED TO BE A CATALYST. In fact, with a probabilistic Elliott Wave count, we can predict the so-called "catalyst" before it even occurs. An ending diagonal suggests bank failures may be near. Yield Curve Uninversion: A Recession Signal Warren Buffett Watches Closely The yield curve uninversion is one of the most reliable recession indicators, and it’s no secret that Warren Buffett keeps an eye on it. I’m not a big fan of Buffett, but historically, his timing is incredible, and yield curve uninversion is one of his main timing tools. Historically, this signal has a near-perfect track record in predicting recessions. We’ve now officially entered uninverted territory, and this alone is cause for concern. FED Pivot: Following the Market Lower Looking at past crises, particularly 2007-2008 and 1929-1932, the Federal Reserve’s pivot is often a sign of the central bank following the market lower. From 1929 to 1932, the federal funds rate dropped from 6% to 2.5%, and yet the Dow Jones Industrial Average (DJIA) fell by 89%. Similarly, in 2007-2008, the federal funds rate went from 4.76% to 0.22%, and stocks fell by 54% (DJIA). We are seeing a similar scenario unfold today, suggesting further downside risk ahead. Extreme Sentiment: Higher Than 1929, 2007, and 2021 Sentiment is at extreme levels. Consumer predictions of higher equity prices in the next 12 months are at an all-time high, surpassing even the exuberance seen in 1929, 2007, and 2021. If you’re bullish, just remember—you’re moving with the herd. Momentum Divergence Signals a Major Top A 25-year-long momentum divergence is also flashing warning signs, agreeing with the view that a major market top is near. Take Advantage of Peak Sentiment If your goal as an investor is to buy low and sell high, statistics show us that investors are MOST bullish at the top and MOST bearish at the bottom. If you want to buy low and sell high, then you need to be selling into peak optimism and buying into peak pessimism. This is an opportunity to take profits, hedge, or if you are a experienced trader: speculate short. Good luck, Bardini CapitalShortby BardiniCapitalUpdated 8879
Possible Buy Trade on US30 / Dow JonesThis is my analysis trade for US30. Weekly is bullish all the way down to 4H for HTF direction. I will not chase the price instead. I will wait for the pullback for the price to go to my buying zone for the OB which are showing up from 4H all the way down to 15M timeframe. So for me, this is the best location to buy again for another possible round of bullish action for this market. I added a trade alert so I will not look at this pair in the week until my alert gets triggered. Once price goes to my buy zone and I get my alert, that's the time I will go down and find my possible trade entry on lower timeframe so I can have a tighter stop loss and possibly get a better risk reward ratio. Possible target would be the all time high price as well. I will update my trade idea here once price goes to my buy zone for my possible entry on the lower timeframe.Longby ProfitWithVinceUpdated 2213
DOW JONES Channel Up is turning bearish gradually.Dow Jones is trading inside a Channel Up and is currently very close to its top. So far the bullish wave is a +8.03% from the last Low. The previous bullish wave topped after a +8.33% rise. Technically the index is very likely to top now or on the next MA50 (4h) rebound. Trading Plan: 1. Sell on the current market price. Targets: 1. 42000 (above the 0.5 Fibonacci level, where the last Low was priced). Tips: 1. The RSI (1d) just crossed below its MA trend line. This was the ultimate sell confirmation (September 3rd) on the previous High. Please like, follow and comment!! Notes: Past trading plan: Shortby TradingBrokersViewPublished 3311
DOW JONES - Potential long !!Hello traders! ‼️ This is my perspective on DOW JONES. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect price to continue the retracement to fill the imbalance lower and then to reject from OB. Like, comment and subscribe to be in touch with my content!Longby Snick3rSDPublished 7
Dow 30 Tanks! Short Trade Hits First Target – More Downside?The Dow 30 (DJIA) has shown significant bearish momentum, with the short trade reaching Take Profit 1 (TP1) at 42855.11. Key Levels Entry: 42975.00 – The short position was entered as the price broke below this level, indicating bearish sentiment. Stop-Loss (SL): 43072.00 – Placed above recent resistance to protect against a potential price reversal. Take Profit 1 (TP1): 42855.11 – The first target has already been reached, confirming the downward move. Take Profit 2 (TP2): 42661.11 – The next target as the bearish trend continues. Take Profit 3 (TP3): 42467.11 – A further target if selling pressure persists. Take Profit 4 (TP4): 42347.22 – The ultimate profit target signaling a continued decline. Trend Analysis The price has dropped below the Risological Dotted trendline, confirming the strength of the bearish trend. With TP1 already hit, further downside potential is in play, with the price likely to test TP2 and beyond. The short trade on the Dow 30 has successfully hit its first profit target, with further targets likely if the current bearish trend holds. The strong downward move suggests that TP2 and TP3 could be reached in the near term.Shortby ProfitsNinjaPublished 3
Dow Jones Hits All Targets! Bullish Surge CompletesThe Dow Jones has demonstrated a strong bullish trend, with the long trade reaching and completing all profit targets. Key Levels Entry: 42078.17 – The long position was entered as the price broke above this level, confirming bullish sentiment. Stop-Loss (SL): 41954.95 – Positioned below recent support to manage risk in case of a pullback. Take Profit 1 (TP1): 42230.47 – The first target was achieved, confirming the continuation of the upward trend. Take Profit 2 (TP2): 42476.91 – The second target was hit as the bullish momentum continued. Take Profit 3 (TP3): 42723.35 – Momentum carried the price to the third target. Take Profit 4 (TP4): 42875.65 – The final profit target was reached, signaling a strong rally. Trend Analysis The price is comfortably trading above the Risological Dotted trendline, confirming the strength of the bullish momentum. With all targets hit, the trend continues to reflect a strong upward movement, supported by positive market sentiment. The long trade on the Dow Jones successfully hit all profit targets, with the final TP4 at 42875.65 marking the end of a highly profitable trade. Strong support from the Risological Dotted trendline and continuous upward momentum suggest that the market is favoring bulls in this period.Longby ProfitsNinjaPublished 3
Don't be Decived ... US 30 is about to fly to the skyUse a reasonable Lot size and hold it to the top... Simply follow the trend after every retracement . Enjoy your profit.Longby SwiftTradrPublished 3313
US30 Possible moveWe are in a clear uptrend andmarket is retracing before another heavy impulsive move to the upward sideby flyboy_fxPublished 2
US30 Possible moveWe are in a clear uptrend andmarket is retracing before another heavy impulsive move to the upward sideby flyboy_fxPublished 1
Bullish bias on US30Price action on Us30 has been on a healthy trend breaking multiple structures to the upside forming HH and HL's Market broke past 42913.0 forming a bullish breaker block. An impulse move occurred to the upside if the market retraces back to the 1H bullish breaker block at 42913 i anticipate continuation of buys at that level and my take profit at 43,176.9Longby Nigel-K-WPublished 5
DOW JONES 15 year cheat-sheet that can make you rich!Dow Jones (DJI) is extending what seems a relentless rally since the August 05 Low, which was the most recent short-term correction, but in reality the index has been rallying very aggressively since the October 23 2023 Low. That was when after a 3-month correction, it found Support above the 1W MA200 (orange trend-line) and 2 weeks later it reclaimed the 1W MA50 (blue trend-line), which has been supporting ever since. So basically the index has been on a 1W MA50 Support for 1 whole year! What's more striking however and what short-term traders/ investors tend to ignore are the long-term Cycles of a financial asset. And Dow being one, is no exception. As mentioned, the 1W MA200 supported the October 23 2023 Low and in effect has been holding since October 10 2022 (so for 2 full years!), two weeks after the Inflation Crisis bottom. Since then we have been inside a Bull Phase. This is part of a greater trading Cycle for Dow, one that started 1 year after the March 2009 market bottom of the historic Housing Crisis. As you can see, the pattern is recurring and the phases have a high symmetry and frequency among them. First and foremost, they tend to do two Lows within a 1 year span, which is essentially the Bear Phase, which finds Support on the 1W MA200 (exception was of course the Black Swan of the COVID flash crash but it is of course a non-technical irregularity event) and then rebounds, effectively starting the Bull Phase. The first 2 Bull Phases rose by +75.80%, while the most recent by +70.80%, so we are roughly around the same strength levels. Also as far as duration is concerned, the 1st Bull Phase lasted for 1239 days (177 weeks), the 2nd for 1134 days (162 weeks) and the 3rd for 1106 days (158 weeks). Again the time element is quite similar. Notice also the similar pattern that the 1W MACD prints every time Dow enters the final part of the Bull Phase. As a result, if we apply those dynamic conditions on the current Bull Phase, we can see that a minimum rise of +70.80% from the bottom, should peak a little over 48000, and if it last a minimum of 1106 days (158 weeks) it should come to an end and price the top by October 06 2025. This indicates that we have at least another full year of bullish trend ahead of us and a fair Target could be 48000. As you realize, investors who are methodically following this 15 year old cheat-sheet, know where and when to buy/ sell and that achieves investing's two main principles: Profit Maximization and Risk Management. Patience and proper management within such Cycles are what "can make you rich" indeed. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 7739