US30 We looking for selling opportunities as the market is respecting the resistance resulting in sells to the downside
US30 trade ideas
Dow jones bullish till year end The momentum of Dow Jones to be continue to rise, as the year closing, due to President election, Halloween and Christmas are coming. Lowering interest rate. All of these fundamental factors, consider to push dj up.
On the technical side, as we can see the market Is still about the 20 day moving average, market keep pushing up and breaks the new record high, buying volume is stronger and selling volume. All of the sign accounting US that the market are going up
#US30 1DAYUS30 1D Analysis
On the daily chart, US30 is forming a rising wedge pattern, which is generally considered a bearish signal. The pattern suggests that while the index is moving higher, the momentum is slowing, and a potential reversal could be on the horizon.
Forecast:
-Sell: A rising wedge often leads to a bearish breakout. If US30 breaks below the lower trendline of the wedge, it would confirm a potential reversal. In this case, selling would be the favorable strategy, as a downward move is expected following the breakdown. Keep an eye on volume and other technical indicators to confirm the breakout.
Dow Jones Industrial Average Index | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
US30 UPCOMING WEEKS POSSIBLE SETUP FOR OCTOn US30 we have valid BOS market has taken the SSL in previous week validating the bias of Buy however we will wait for pull back to desired area and look for buy trades only targeting ATH possible buying zone 42380 to 42000 area all trades will be executed upon confirmation so far we have only one valid HL which is at 40000 break below that level and positive closing will confirm bullish trend reversal therefore we will only look for buying opportunities at marked level upon confirmation of liquidity sweep candle closure Scalp of sell will be limited with tight stop loss
Note: Only For educational purpose not an investment advice
US30 View !!** S&P 500
SPX
advances fifth straight week, adds 1.1% as earnings season gets underway
** This as the bull market hits a birthday, and it still may be young at heart
** Indeed, SPX scores new highs, and has now posted its 45th record closing high so far this year
** Benchmark U.S. 10-year Treasury yield
US10Y
forges back over 4%, but streak may have it stretched to the upside
** Majority of sectors celebrate: Technology and Industrials party most, while Communication Services and Utilities aren't invited
#DJIA ContextLog chart of all the data.
Fork is high/low of 1929 crash.
2.618 extension of 1929 measures 2007 top before GFC
I expect that all to be retested if 37778 holds.
US 30 I Impulse, correction, and potential continuationWelcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Dow Jones Index (US30): Bullish Outlook Explained
US30 broke and closed above the upper boundary
of a wide horizontal range on a daily.
It is a strong bullish trend-following signal.
With a high probability, the price will reach 43150 soon.
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[Bearish] SPX and DJI formed rising wedgesBoth OANDA:SPX500USD and TVC:DJI have formed rising wedge pattern which is bearish in nature. If they breakdown from this structure then we should see around 10% fall from current levels. More details in the video.
US30 Follow Up...We had a re-entry on US30 that got stopped, but the initial trade tested our patience but it's still going well...
If you held it till now, big ups!!!
US30 Might fall to 42,570 before flying againUS30 Might fall to 42,570 before flying again to around 43000 next week.
Wait for the pull back before buying. As you can see, all time chart for US30 is buy... Enjoy your profit.
DOW/US30 - TIME TO SHORT THE DOWTime to short DOW at 42662, stop loss at 42725
target at 42550
target at 42446
thank you
MARKETS TO TOP OUT SOON (MEDIUM TERM TOP)The growth sequence of DJIA for over a 100 year has been consistent along
the celebrated Phi expanding from 28.66 price level through 1.0, 1.618, 2.618...
to the 2020 crash top.
The 1896 bottom to 1973 top produced 1038.54 points advance with 1/Phi at 1929 top.
From 1973 top to 1987 top was a 1679.50 points advance
(1679.50 / 1038.54) = 1.6172 ratio
From 1987 top to 2020 crash top into a log scale gives (26821.89/10) = 2682.189 points
Compared to the 1973 - 1987 advance we have:
(2682.189 / 1679.50) = 1.59702
The progression produces a sequence (1038.54 - 1679.50 - 2682.19) in progression of 1.618
The bottoms formed from these tops also follow an expanding sequence
Indicating only the expansion ratios we see a clear progression for both the primary tops and bottoms that follow and where they end.
The next expansion suggests two uncharted tops as subdivision for the primary top...
Check back or follow for updates as we discuss the top ahead, trade safe.
US30 SELLIm in a sell on US30. My confluences are the following: Market is currently at daily, 4h, & 1hr resistance
- Showing signs of buyers exhaustion on 1 min tm
- 5 min, & 3 min RSI above 70
- Currently anticipating a higher low on 15 min tm to form in Asian or London session
-FVG still needs to be revisited at 42400
- Last but not least, 4 years worth of traders intuition tells me its a Sell
US30: Bullish Continuation After Support RetestHello,
The US30 has aligned with our expectations from the previous analysis. There's potential for a bearish retest of support, possibly towards the 1M pivot point or even a full test of the 1M support structure. While the trend remains strongly bullish, we anticipate a continuation of the upward momentum in the long term, but only after these support tests.
TradeWithTheTrend3344
US30 Pull BackMainly focusing on an overall bullish trend, looking for sells into after hours into liquidity areas
Recap of NY Session with Silver shortAfter huge moves yesterday i expected a tricky day and did not trust the classic setups too much. Overall Metal were bearish and US Indices bullish, CPI wicked both sides and took liquidity off many charts also as sign of caution, so i again waited patiently into 3rd hour... Then H1 time ration gave a nice reversal scalp on silver, that made my day. One and done.
US30 PROJECTION We have two possible movements on us30 either we will have a correction back down to before an impulsive move to the upside or we will break the M15 trendline and retest it and have an impulsive move upward.
US30, Futures Flat Ahead of Fed Minutes; Alphabet SlipsFutures flat with Fed minutes, inflation data in focus; Alphabet dips
Technical Outlook:
the direction is uptrend for today as long as trades above 42080 to get 42210 and 42300 and then should close 4h candle above 42300 to touch 42450
for the bearish scenario till 41960 and 41770 should break 42080 by closing 1h or 4h candle under 42080
Key Levels:
Pivot Point: 42080
Resistance Levels: 42210, 42300, 42450
Support Levels: 41960, 41770, 41570
Trend Outlook:
Bearish By breaking 42080 and 41960
Bullish by stability above 42090
Is the Dow's Relentless Rise a Harbinger of Future Fortune or a In an era of unprecedented market dynamics, the Dow Jones Industrial Average (DJIA) has embarked on a journey of remarkable consistency, painting a picture of resilience that challenges historical norms. With a win rate approaching 61% over the past 250 trading days and impressive gains across multiple time frames, the Dow's current momentum stands as a testament to the market's enduring strength. This rare confluence of positive indicators places the present rally in the top echelons of market performances since 1900, excluding the tech bubble of 1995-2000.
Yet, as investors and analysts alike ponder the implications of this historic run, a question emerges: Does this exceptional momentum presage a continuation of bullish trends, or does it signal the approach of a market inflection point? Historical precedents offer a nuanced perspective, suggesting the potential for continued short-term gains while hinting at the possibility of increased volatility or stagnation in the longer term. The market's ability to sustain this momentum may hinge on factors as diverse as global economic conditions and the transformative potential of emerging technologies like artificial intelligence.
As we stand at this crossroads of market history, investors are challenged to look beyond the surface-level exuberance and delve deeper into the complexities of market cycles and technological revolutions. The Dow's current trajectory invites us to consider not just the immediate opportunities but also the broader implications for portfolio strategies and risk management in an ever-evolving financial landscape. In navigating these uncharted waters, wisdom lies in balancing optimism with prudence, recognizing that in the dance of market forces, momentum is but one partner in a complex choreography of factors shaping our financial future.
US30POSSIBLE BULLISH PUSHBULLS seem to be applying more pressure overshadowing the buyers, this maybe due to the sell coming for CPI.
We wait and see
Correction Expected Before Bullish MomentumOur technical analysis suggests that US30 is due for a corrective move before resuming its bullish trend. We anticipate a pullback to the previous low, where we'll look to buy on the retest.
