YM (US30): Trend in daily time framePlease pay special attention to the accurate trend, and colored levels. Its very sensitive setup, ...............<<<<<<<<<<<<<<<<<<<<<<< Be careful BEST MTby MT_TUpdated 2
US30 POTENTIAL SELLTrade Idea: Sell on US30 15M CHART Analysis: I anticipate a decline in the US30 index within the next two hours. I plan to place sell stops around the 42,162 level. My priority targets are set for a 25-50 pip move, aiming for exits between 42,137 and 42,111 as we have lots of bullish imbalances within and below these levels. For an extended target, I’m eyeing the 42,060 level, which aligns with expectations of heavy divergence bearish pressure. Risk Management: Although I won't use a hard stop loss, I recommend a mental stop loss above 42,220, considering the liquidity above this level. This allows for some market breathing room while still managing risk effectively. Keep an eye on market developments and adjust as necessary. Not investment advice. Please protect your capital. Shortby BluezFxTradersUpdated 114
US30 - THE NIGHT STILL YOUNGTeam, 45 minutes ago, if you did follow the trade, you would make 2 profitable target Now I want you to set LIMIT ORDER TO SHORT US30/DOW LIMIT ORDER TO SHORT 42235-42246 STOP LOSS AT 42288 TARGET 1 AT 42186 TARET 2 AT 42125 Shortby ActiveTraderRoomPublished 113
WE ARE UPDATING THE DOW SHORTEarlier we booked the profit and bring Stop loss to BE, we got some profit but stop out. We continue to RESHORT at 42205, with stop loss 70 points which is 42275 target at 42147 target at 42094 Shortby ActiveTraderRoomPublished 3
DOW JONES shows no signs of slowing down.Those of you who are worried if the upcoming November U.S. Presidential Elections or medium-term pull-backs (such as those of July and April 2024 or August - October 2023), pose a threat to your investments, you have a strong reason to relax and feel safe and that is the current chart. On this 1M time-frame analysis, we see Dow Jones (DJI) in almost the past 30 years (since late 1997) and the Cycles that have defined its Tops and Bottoms. As you can see, initially there is a clear (green) Channel Up that is always trading above the 1M MA50 (blue trend-line), leading to the eventual Top, which in turn initiates the Bear Cycle (red Arc). The use of the Sine Waves make a great fit for the bottoms in particular. It is interesting to mention that the time period between the end of each (green) Channel Up and the start of the next one is approximately 40 months (3.3 years). Also since the 2008 Housing Crisis, we can see that a wide Channel Up has been the dominant pattern driving the expansion of Dow. With the above information in mind, we can reach the conclusion that the index is only now entering that aggressive green Channel Up of the Bull Cycle, meaning that the Cycle is far from over and if anything, we are approaching its middle. In fact, the 3.3 year (40 month) time gap has just been completed, so there is a full Channel Up expansion ahead of us. Now, how high can that get? Well if each Bullish Leg of the 2008 emerged Channel Up is 40% less than the previous, then we are looking for at least a +100% rise from the September 2022 bottom, giving us a rough 57000 Target on a 5-year horizon. Again that doesn't mean that we won't have medium-term pull-backs (like those mentioned in the opening paragraph) along the way, they are necessary and they reset the prices in order to attract more liquidity and investors, but on the long run you can feel comfortable holding your stocks. ------------------------------------------------------------------------------- ** 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 16
DOW/US30 waiting for confirmation. We are waiting to short US30/DOW at 42145 to 42152 - The current price is 42162 target at 42094 target at 42017 and target at 41946 Once the first target is hit, bring stop loss to BE levelShortby ActiveTraderRoomPublished 2
Weekly Analyses and RecapWelcome Traders, Last week US30 gave a bullish impulse on Thursday Sep 19 following the announcement of the Fed Reserve interest rate cuts. Since then, price has been consolidating. Monday and Tuesday are notoriously known for low volume and consolidation there is no need to be rushing into trades Instead, I am using the time to allow price to reveal its hand on the direction. There is no telling that US30 isn't at ATHs. However it is important to note that the markets have not had a bullish rally since the interest rate cut. Prior to rate cuts, the market anticipated a 25bp cut which was then over ruled by the announcement of a 50bp cut. Although the Fed Reserve later justified the 0.5bp cut, one would think that this would have come as a positive acting as a catalyst for bigger bullish rally. This is an indication that market structure is signalling the fact that a correction is due. My directional bias for the week is bearish to signal a HL on the bigger TFs such as the 4H to retest the fair value gaps before resuming on the uptrend to ATHs. Since the signalling of the Daily HL at 39,985.5 on Wed Sep 11, price has been very bullish for the past two week only signalling a 2H HL as the biggest timeframe with a type of low. Although my bias is bearish for the week, it is common for price to have a bullish liquidity grab to sweep out the current highs at NYSE open taking out any early sellers. If NYSE opens on Tuesday or Wednesday with a push to the upside, this push can serve as a key entry point for a sell position to take out the lows and restest a previous support. If we do end up getting a correction, my TP of interest is at 40,991.4 at the 61.8% retracement level and previous resistance level where price broke out from.Shortby jhannellefrancisPublished 116
Bulls game over today Short from 42200 Tp 39995... Good luck and safe trade Shortby habib078641Published 224
DJI - LONGTrend is bullish and will make a fresh entry on breakout of Previous High with Stop loss of Higher Low.Longby aliejaz732Published 113
Will dow jones break its important resistance?dow jone in the resistance range of 42131 After the failure of this zone, expect the index to rise to the range of 42536 and in case of strength, 42842 Otherwise, and the failure of its support in the range of 41530, we can expect a drop to the range of 40600. by arongroupsPublished 9
US30 POTENTIAL SELL Trade Idea: US30 Sell Position Time Frame: 1 Hour Chart Market: US30 (Dow Jones Industrial Average) Trade Type: Sell Bearish price action observed during the London session indicates potential for further downside movement. The price is anticipated to tap into the level at 42,079, presenting an optimal entry point for a sell. Entry Point: - Sell Limit: 42,079 Target Levels: - Primary Target: 25-60 pips (around 42,055 - 42,031) - Extended Target: 75-100 pips (around 42,003 - 41,977) Stop Loss: - Placement: Approximately 60 pips above entry (around 42,139). This will be a flexible stop loss, allowing for market fluctuations. Risk Management: - Ensure that position size aligns with your overall risk tolerance. Monitor the trade closely, especially near key support and resistance levels. Additional Notes: - Keep an eye on market news and economic releases that may impact volatility. - Adjust targets and stop loss as necessary based on real-time price action. Disclaimer: This is a trading idea and should not be considered financial advice. Always conduct your own analysis and trade responsibly.Shortby BluezFxTradersUpdated 5520
US 30 LONG US 30 odds number this not my strategy OK. price is making HHs,HLs in the market there is a new high at level 42,100 in the HFT price did not make a HL , when trading odds numbers us 30 usually pullback 2 or 3 levels back. my first POI is around 42,700 I also have my fibs retracment , and my levels that didn't get touch for a Hl. My target is to 42,300 Longby Earl305Published 1
Possibility of correction It is expected that the upward trend will end in the current resistance range and we will see the beginning of the corrective trend. With the breaking of the resistance range, the continuation of the upward trend will be likelyShortby STPFOREXPublished 6
US30 / IT LOOKS A BULLISH SAFE AREAUS30 Technical Analysis: As previously noted, the price touched 42,030 and stabilized above it as expected. Today is likely to be a critical session, as a strong correction could potentially drive the price down to 41,770 or 41,565 by the condition closing 4h candle below that. However, stability above 42,030 would support a gradual bullish move towards 42250 and 42700. Key Levels: Pivot Point: 42030 Resistance Levels: 42,300, 42,450, 42,700 Support Levels: 41,770, 41,565, 41,340 Trend Outlook: Consolidation: 42000 - 42350 Bullish: Above 42,040 Bearish: Below 42,030 Previous idea: Longby SroshMayiUpdated 14
US30 View!!The Dow Jones Industrial Average stretched its record closing run Friday while the S&P 500 retreated from Thursday's all-time high as markets evaluated remarks by two Federal Reserve governors. The Dow rose 0.1% to 42,063.4, while the S&P 500 dropped 0.2% to 5,702.6. The Nasdaq Composite fell 0.4% to 17,948.3, Among sectors, utilities led the gainers, while industrials and materials saw the steepest declines. For the week, the Dow gained 1.6%, while the Nasdaq increased 1.5%. The S&P 500 added 1.4%.Longby FXBANkthe8055Published 2
US30USD Market DecisionThis index has being forming a rising flag for the past few weeks, and it has retested the upper trend line of the flag. Considering that this might be a strong indicator for a bearish momentum, we have to wait for the next candle stick to confirm our position since there is a doji candle stick, which indicates market indecision. My bias is the bullish momentum will continue if the next candle stick closes above the current one. A more detailed analysis will follow using a shorter time frame. by Vapari_IncPublished 11
Deception!Another week and another rally based on hope, our trend line has been touched courtesy of the Fed's juicing, or should we say, their admission that the U.S economy is in sincere trouble. The big question now is, will it reverse down from here or one last and very final push to the next trend line, around 700 points or so... this one is 50/50. Most bears have thrown in the towel, that's what happens at tops... we can almost never get the absolute top, we position beforehand and let the data unfold to confirm. Our positions are manageable, don't over leverage, money management is critical, so is your mind set. A condition which is held by most people " Cognitive Dissonance", this condition allows them to defend their beliefs and the system, they fight to protect it, they are presented with information that contradicts deeply held beliefs, folks experience discomfort, instead of questioning the system, they reject the data to protect their ego and sense of security, 2020/21 was a classic example, this test allowed the masses to believe that for once they were on the winning side. People are still plugged into the system and will vehemently defend their views, even when presented with evidence suggesting that it's based on lies and corruption. The comfortable prison of the mind allows them structure and predictability, even at the cost of their freedom, you must question everything... peel back the layers and dismantle your societal programming before it's too late. The approaching collapse will be like no other, we were there in 2008, we talked and walked... most ignored until it was splattered. Wipe outs are coming, a controlled demolition which is all planned beforehand, that is where most stumble, they just cannot believe the agenda or truths of this world. Of course, there is tremendous opportunity in the coming calamity, those who recognise and act can come out much better, those who awaken from their conditioning can prosper... our advice is simple: get out of stocks and any notion of your pensions and property being protected from this hurricane, get into precious metals, the very close beginnings of this stock market rout will drag PM's down a bit, but then embark on huge upside potential. 2007-8 and every other period as far back as possible created the exact same conditions of fearing the truth, the party must go on. But facing the chaos of the real world is courageous and frees your mind to think beyond the veil... to tap into an awareness outside the prison mind and illusions... the system deceives and fools by design, to keep the masses dumbed down, some call you a conspiracy theorist, another term to ridicule those who critically think, they want and desire you dumbed down, they need you asleep to control you. Let's watch the show unfold! Appreciate a thumbs up, good trading and God Bless you all! Shortby Fractal777Published 229
Continuation of Bull Market on US30The US30 turned its trend upwards in October 2022 and recently entered the secondary reaction phase. After that, it formed a classic buy pattern by making a higher low and failing to create a new low below point (1). It then established point (3) and created a high at point (2). Finally, when the price broke the high at point (2), it confirmed the continuation of the primary uptrend. Uby ARamananPublished 114
US30 (Idea)Will be looking to start my scale in short position from here. why because we have hit liquidity and we will have to distribute that liquidity. aiming for a key zone. Please note this is not financial advice Happy trading IAMShortby MillionaireMind717Published 11
US 30 Probability upcoming week We have seen bullish momentum in US30 triggered by fundamentals reaching all time high last week upcoming week is almost last week as we will have only one day in next to next week therefore the last high will be of more importance as we have more levels on upper side however as intraday or swing trader i have marked certain important levels on chart and will execute the trade only upon confirmation & daily closure of candles We have BOS & inducement with high volume candle which has swept the SSL therefore its low will be of vital importance will look for closure of candles on H4 & D and execute trade upon confirmation sell trades will be for scalp targeting 1:2 & buy trades will be of 1:3 however if we get market at marked level for buy can be hold targeting high of previous week. Note: Not a financial advice only for educational purpose Input will be appreciated by Awii_KhanPublished 3
US 30 OVERVIEW On monthly weekly & daily timeframe US30 has closing at high zone upward trend is still intact we have important news in coming week Job Data & NFP news of interest rate cut are circulating however as a swing trader or intra day trader we have to find valid entry points for buy & sell with 1:3 target few important points need to be kept in mind 1. US 30 has closed the monthly weekly candle above previous month week which indicates the trend is still bullish however it has closed the daily candle within range of previous day which is of significance importance. 2. On monthly time frame we have imbalance at 39780 level to 39590 level. 3. On weekly time frame 41180 to 40800 level is important & can be entry point all upon confirmation for 1:3. Now coming over to US30 chart 1. US30 has made double top swept the liquidity and we saw MSS however there was no expansion toward down side therefore we could not confirm sell entry. 2. We will monitor US30 on H4 and will see in New York session on Monday if US30 sweeps the buy side liquidity and closes below 41600 than we can see possible downward move toward the targets as shown on the chart. if it closes above 41600 level than will apply the same strategy at new top where we get consolidation with equal highs than BSL sweep & followed by MSS & expansion toward down side. 3. Than we have marked the possible buy entry for targeting ATH Note: Marking on the charts are for educational purpose only not an investment advice by Awii_KhanUpdated 9
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 41800 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41800 support and resistance area. Trade safe, Joe.Longby JoeChampionPublished 2216
TIME TO SHORT US30 AT 42192-42185We have setting up this trade for last 4 hours we been successfully short them earlier. First target will be at 42037, please ensure take profit 50% bring stop loss to BE then target further. to 41968.2 then target 3 at 41889Shortby ActiveTraderRoomPublished 4