US30 trade ideas
DOWJONES Bearish iffollowing the rejection from 43400, the next support is 41650 which is a multi monthly candle consolidation area and where the trend from Oct 2023 is currently at, It's a major major area of support, if broken and confirmed below expect extreme downside price action to 36000
US30 Provided a nice intraday Short and will Likely ConsolidateUS30 Fell to the support at 42300 and is currently between that support and the resistance at level 42800. As a result look for short intraday trades as price consolidates between the two levels.
Price is currently showing another intraday opportunity to resistance at 42800.
Accumulation - price moving from Support to ResistancePrice seems to have broken out of an ascending channel
Forming a range just below our price channel
Currently price is pulling away from support heading for resistance levels
DOW JONES Bullish accumulation below the 1D MA50.Dow Jones (DJI) has been trading within a Channel Up since the July 18 High. Right now the price is consolidating between its bottom (Higher Lows trend-line) and the 1D MA50 (blue trend-line). At the same time, the 1D RSI breached the oversold barrier (30.00) and rebounded.
This trading sequence has presented the most efficient buy opportunity since April 19 2024 and the even though all Bullish Legs that followed have been a little over +8.00%, the weakest one has been +7.63%. As a result, our current Bullish Leg Target of 45235 is formulated out of that minimum.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
US30 LONG ROCKET!!US30 is set for a large move up as the corrective Wave B will now start. Price target is 44000
Price Targets 43,200 Amid Bullish Momentum Above 42,770Technical Analysis
The price will try to touch 43200 while above 42770, so has a bullish momentum from 42770.
Bearish confirmation will be established if the price stabilizes below 42,580.
Key Levels:
Pivot Point: 42770
Resistance Levels: 43210, 43350, 43650
Support Levels: 42770, 42580, 42390
Trend Outlook:
Bullish Momentum: Stabilized above 42,910
Bearish Momentum: Stabilized below 42,770
Dow jones Quarterly Analysis ---> ( 1st jan - 1st April )The Dow Jones Industrial Average is currently exhibiting a bullish trend, with no significant negative catalysts evident on the charts at present. While the upcoming quarter may experience volatility, a sustained breach above 44,525 could propel the index to 45,467-46,000. Conversely, the downside risk remains open to 40,827-500. However, the current view will be rendered invalid if the Dow Jones breaches 40,500.
US100, I like this if we make FVG to IFVG , i think we go higher until Buyside Liquidity!
we need just close above FVG!
Dow Jones, 12M analysisHi, a very Happy new year to all, posing my another 12M analysis
will post some additional information in the comment section shortly including 12M levels
US30 LongThis analysis focuses on the interplay of weekly and intraday confluences, which collectively point towards a potential bullish scenario. A detailed breakdown of the price movements and key levels is provided to support the thesis.
1. Weekly Confluences
Unmet Target: The price has yet to reach its anticipated target of 45,300, indicating unfulfilled market objectives.
Order Collection Observation: A significant retracement suggests an attempt to collect orders within a specific price region.
The first notable level was 43,500, corresponding to a prior body closure. Price broke through this level and moved downward.
The second key region, 42,100, showed a rejection pattern characterized by a three-pin formation.
Pattern Analysis: An "M" pattern is apparent, signaling that the price may retest its neckline at 43,500.
2. Four-Hour Timeframe Insights
Rejection and Momentum: The price rejected the 42,100 weekly level with strong bullish momentum, forming a bullish setup with a target of 42,600.
Order Collection Confirmation : Despite the bullish target not being achieved, the retracement implies another round of order collection, this time within the 42,328 daily level.
Conclusion and Thesis:
The evidence points to a bullish outlook. While the price is gathering momentum and confirming its intentions, I will wait for clear intraday confirmations before entering the market. Patience at this stage will ensure alignment with the larger trend and reduce exposure to potential false moves.
Dow outlook for first half of JanuaryCurrently I am inclined towards the market making a Wave C of ABC flat correction. Although its still holidays week so we can see choppy market during this time.
dow jones positional viewdow jones, positonal view is that it will continue to make lower highs and lower low till march,
from there we need to see, this is classical down trend ,with reasons given in chart, hope i have justified analysis,this is similar analysis i have done with bitcoin , please check it.
This Shit Weird But God Got Me Happy New Years . God Bless you all , from this moment forward i will trust my process 💯
Quick Rally For 3030 Has Fallen to a High volume trading area reaching the point of control that could act as a strong support, added There's also a strong Hidden Bullish Divergence on the RSI that gives great indication that we could see a rally up from this daily support lvl (42,300) back to the "trend line" break & previous structure low,(Filling the sell side imbalance -FVG)
Confluences on This Trade
- Rejecting Daily support lvl 42,266
- Rejecting Demand zone
- @ 38.2 Fib Retracement
- Hidden Bullish Divergence (RSI)
- Buy Side imbalance fill
- Daily Volume Support
Lock in with your LTF Bullish Entry Signal,
WAIT FOR YOUR CONFIRMATION AND
**RISK ACCORDINGLY
Intro to the next possible move:
After this bullish move - price could reject the Trend line and previous structure low, then continue down.
**This bullish to bearish move would give price action a "Head and shoulders ish" Pattern on a HTF.
Caution on the Bearish Sell- we have high volume right below the 41,000 bank lvl that could act as a support.
with all of that being said the one thing that gives me great hesitation on the 2nd part of this move The "Bearish Sell" is the fact that this current pull back only brought price down to the 38.2 Fib lvl, so this could just be a minor pull back for a big Bullish continuation move.
US30 (SHORT)
1)Breakout of up trend
2)Head and shoulder formation D1 time frame
NB We currently completing Right shoulder.
US30USD H1 AnalysisTechnical Analysis:
The US30USD is showing a clear resistance area around 43,250, with previous price action confirming this level. The support area is identified at 42,350. A strong bearish pattern has emerged with the recent rejection from the resistance zone.
Entry: Current price level
Stop Loss (SL): Set at 43,250 to limit potential losses above resistance.
Take Profit (TP): Targeting 42,350 aligning with support levels.
Fundamental Analysis:
Factors influencing this trade include upcoming economic data releases and overall market sentiment reflecting investor caution amid current macroeconomic uncertainties. Continued monitoring of news events that could impact market dynamics is recommended.
This setup offers a favorable risk-reward ratio by capitalizing on anticipated downward momentum within established technical levels.
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
US30 Bullish Trade of the Week So US30 hit our buy zone yesterday even though it didn’t trigger our sell limit beforehand we did have a buy limit set up at 42.440 and we are currently riding that but will look to take profits shortly because I do see another push back into the 42.440-42.250 area before pushing back up. I will get some nice entries in that price action by following the 5-15 min candles once in our kill zone and placing a buy stop above the last 2nd closed candle (either 5-15) and trailing.
If it continues below 42.250 buy stop will be eliminated.. as sellers take over. BUT until then we see bulls coming in heavy in that area.
DJIA H4 | Falling to swing-low supportDJIA (US30) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 42,153.14 which is a swing-low support.
Stop loss is at 41,650.00 which is a level that sits under the 127.2% Fibonacci extension and a swing-low support.
Take profit is at 43,042.34 which is an overlap resistance.
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. 64% 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. 66% 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.
US30 possible forecast and update Following japans take on buyside LQ we can see a resistance level made and this market looking for more bearish momentum. I can see this market chasing Daily sellside LQ marked with white line exactly where arrow path is drawn too then buying up from there. id like to see a taken 4hr buyside LQ before to confirm. maybe not this market but maybe spx,nas,ger40,or japan225 to show a 4hr buysidle LQ to confirm sell.
