Dow Jones Industrial Average Index forum
US30 US30 Intraday Trade Setups
Trade Idea: Buy Intraday Trade Setup
Entry Price: 42,757
Stop Loss: 42,600
Take Profit 1: 42,900
Take Profit 2: 43,050
Reason for Entry: The entry price of 42,757 aligns with a solid support level, confirmed by the daily Fibonacci retracement. Price action indicates a potential bullish reversal at this level. The first target is 42,900, with a secondary target at 43,050, both corresponding to nearby resistance zones. Stop loss is placed at 42,600 to manage risk.
Trade Idea: Sell Intraday Trade Setup
Entry Price: 42,931
Stop Loss: 43,100
Take Profit 1: 42,800
Take Profit 2: 42,650
Reason for Entry: The entry price of 42,931 coincides with a strong resistance level identified by the daily Fibonacci retracement. Price action shows signs of weakness, suggesting a potential reversal towards lower levels. The first target is 42,800, with the second target at 42,650. The stop loss is set at 43,100 to control risk.
Summary:
US30 is at critical levels, with support at 42,757 and resistance at 42,931. The Buy Setup at 42,757 targets 42,900 and 43,050, while the Sell Setup at 42,931 targets 42,800 and 42,650. These setups are based on daily Fibonacci retracement levels and strong support/resistance zones.
US30 US30 21st December 2024 Weekly Analysis Based on Main Key Levels
📍 Weekly Current Market Price (DCMP): 42,829
📉 Key Levels
🛑 Resistance (Above DCMP):
Resistance 1: 44,452
Resistance 2: 44,683
Resistance 3: 45,056
✅ Support (Below DCMP):
Support 1: 42,757
Support 2: 42,476
Support 3: 42,302
📉 Swing Levels
Swing High: 45,065
Swing Low: 43,327
💼 Intraday Buy Trade Setup
🔹 Entry Price: ✨ 42,757
🔹 Stop Loss: ❌ 42,195
🔹 Take Profit 1: 🎯 43,104
🔹 Take Profit 2: 🎯 43,476
📌 Reason for Entry:
US30 is approaching a strong support level at 42,757, making it a good point for entering a buy trade. The first target is 43,104, followed by 43,476. The Stop Loss is placed at 42,195 to manage risk.
💼 Intraday Sell Trade Setup
🔹 Entry Price: ✨ 43,104
🔹 Stop Loss: ❌ 43,476
🔹 Take Profit 1: 🎯 42,757
🔹 Take Profit 2: 🎯 42,650
📌 Reason for Entry:
US30 is approaching Resistance 3 at 43,104, which provides an opportunity to enter a sell trade. The Stop Loss is placed at 43,476, with targets at 42,757 and 42,650.
💡 Summary
US30 is trading at 42,829.
Resistance Levels: 44,452, 44,683, 45,056
Support Levels: 42,757, 42,476, 42,302
Swing High: 45,065
Swing Low: 43,327
Intraday Buy: Enter at 42,757, targets 43,104 and 43,476.
Intraday Sell: Enter at 43,104, targets 42,757 and 42,650.
US30 Hi guys, due to the news of CPI 8rvtge inflation, the whalers had done a very nice game favour the Bulls and by lloking to my idea they went to the edge of the raising channel which was breached yesterday! Giving the feeling to the retail traders that it will go in a big bullish wave.We are for more than two weeks in bearish wave. And the index did not deliver any green daily candle for 2 weeks!
You may see ooh the wave today was massive, I see it as absolutely nothing abd it is not more than to trap the Bulls.
Yes you could see another push up yet again will not breakthrough the riding edge in yellow line and my targets will be the points the index will go to. That applied for all indexes which you think they went bullish but I see it as a happy day for bulls in more than 20 days 😀😊
The smart one honestly who saw my idea to get the view and waited for news then followed the bullish rally till it's end then shorted once the yellow line was touched! Because you have the overall view and only you who can decide.
Stay safe and happy weekends
US30 trade looking good. halfway through tpstops to BE
US30 taking shorts here
US30 going to start telgram ...no more postings hereUS30 getting +1300 points from the call 🤙
US30 43200 possible reversal
US30 if you read my minds yesterday. You should win this trade today. easy money again, while holding my short position at 44800 and 44950. I did swing buy for my followers to ask me. To do intraday profitability. Listen our buy swing was hit the TP target. Dont be to greedy. Ill be update for my next move. My big plan still short in 3 weeks more!
US30 12:30 entry was definitely one of my better entires