US30 TO NEW ATH OF $43,050 (UPDATE)Our long term position on US30 has been moving so smoothly! Price is now up 8,350 PIPS (25% ROI) since I called it live last year on the channel for you all😍 Close out partial profits if you haven't already. Just a little more upside left to go!by BA_Investments7
US30 / UNDER FOMC PRESSURE - 4HUS30 / 4H TIME FRAME HELLO TRADERS In August, the prices saw a price decline of 6.91%, reflecting a period of downturn. However, in September, there was a notable recovery, with prices rising to an all-time high (ATH) of 41,852. This peak represents the highest level achieved thus far in the prices history. Currently, prices are trading below this ATH, which suggests that the market is still testing its limits. If the current price trajectory remains below the ATH of 41,852, further declines could be anticipated. Support levels to watch for potential price corrections are at 41,340 and 40,853. These levels might serve as points where the price could stabilize or experience a rebound. On the other hand, if the prices manages to close above the ATH on a 4-hour candle, it could indicate a shift towards a bullish trend. This would suggest that the market sentiment has turned positive and could lead to further gains. In this scenario, the price might approach new resistance levels, with potential targets at 42,282 and 42,703. These levels represent possible areas where the price might encounter selling pressure or where further gains could be capped. Overall, the price dynamics are influenced by how it performs relative to the ATH, with potential implications for both downward corrections and upward advances depending on market behavior. UPWARD TARGET : 42,282 , 42,703. DOWNWARD TARGET : 41,852 , 40,853.UShortby ArinaKarayi8
DOW JONES Is a post Fed decline valid before an October rally?The day has come when the Fed will finally cut the Interest Rates for the first time since the early 2022 hike cycle and the question in the market is whether it will be by -0.25% or -0.5%. High volatility is expected intra-day but technically Dow Jones (DJI) remains within an uptrend (Channel Up) both medium-term (5-months) and long-term (2 years). The last support and bounce was offered by the 1D MA50 (blue trend-line) on September 11 and that broke the remarkable symmetry that the index had so far with the March - August 2023 fractal. That fractal suggested that after a (dotted) Channel Up, the index should make a correction below the 1D MA200 (orange trend-line) but on September 11 instead of breaking below the 1D MA50, the index rebounded (as mentioned above) and diverged from the fractal. This means that the Bullish Led (green Channel Up) may this time start earlier and the rally may break above the 2-year Channel Up and finally deliver a new long-term pattern, possibly more aggressive. Seasonality however is a big factor for investors and as we can see, the last two Septembers (2023, 2022) have been bearish, extending corrections that started in August but eventually managed to price a bottom in October. As a result, any remark by Chair Powell during the press conference that isn't well received by the market, can initiate a short-term pull-back towards the 1D MA200, ranging from -5.07% to -6.90%. In our opinion, if that takes place, it will be a tremendous buy opportunity until at least the end of the year. If however Powell delivers what the market is expecting (and more), we expect the pattern to continue its divergence from the 2023 fractal and enter the more aggressive bullish pattern earlier. If the more aggressive pattern prevails, a 46000 target is very probable by the end of the year. Notice that this divergence is also evident when comparing the 1D RSI sequences of the two fractals. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot2229
DOW/US30 - We are entering the SHORT POSITIOn at 41646Team, we set this trade almost 8 hours ago, but waiting for the price confirmation to short. STOP LOSS at 41726 Target at 41552 and Target at 48486.5 PLEASE NOTE: Below 41600 we carefully bring our stop loss toward 41652Shortby ActiveTraderRoom113
US30 TodayFor me Looking still up. I expect a little bit correct and continiue new HIGHER HIGH Remeber about Stoploss andno more risk than 0.5-1.00% accountLongby xMastersFXUpdated 6
Rate Cut Incoming. Buckle Up"What the Yield Curve and Fed Moves Mean for Your Next Trade." Historically, when the Federal Reserve lowers the federal funds rate while the yield spread is negative (also known as an inverted yield curve), it has often been an indicator of an impending market correction or recession. Let’s break this down: Historically, the bond market is a key indicator. Typically, long-term bonds offer higher yields than short-term bonds; This a healthy sign. When that flips and short-term yields surpass long-term ones, we get what’s called an inverted yield curve. This inversion signals that investors are getting nervous about the near-term economy. When the Fed then steps in to lower rates, they’re trying to stimulate growth, but it often comes too late. Looking back at past events: The dot-com crash of 2000: The yield curve inverted, the Fed cut rates, and a 35% market correction followed. The 2008 financial crisis: Again, the yield curve inverted, rates were cut, and the market saw a major downturn exceeding 50%. Going back even further, the same pattern held in the 1970s and 1980s. The big questions are: Why does this combination signal trouble? Will this pattern repeat itself again? While history tends to repeat itself, the data shows that when the Fed cuts rates with a negative yield spread, market corrections often follow. The inverted curve suggests tighter credit conditions, reduced lending, and lack of confidence, all piling on top of one another creating a recipe for disaster. Stepping back even further, we see that investor sentiment and the bond market tend to lead the way. Credit tightens, and companies cut back on spending. Another a perfect recipe for an economic slowdown and market drop. It's a familiar cycle. So lets buckle up. Shortby oh921110
DOW JONES: Is it forming a BLOW OFF TOP??Dow Jones isn't just having a strong bullish momentum on the 1D timeframe but also on its 1W technical outlook where it maintains a steady bullish overall indicator score (RSI = 64.010, MACD = 036.840, ADX = 29.553). However there are growing concerns coming from the 1W chart as the 1W RSI is posting a Bearish Divergence, trading on a Channel Down while the actual price is on a Channel Up. This is alarming because last time this showed up was in late 2021 and as we all know led to the bear market of 2022. However the Bearish Divergence prior to that (mid 2017) was false and Dow continued to rise instead for another 4 months before a correction to its 1W MA50. And that is the level that plays the most important role here, the 1W MA50. As long as it continues to support, we will have a bullish trend. Actually, Dow seems to be attempting a breakout over the Channel Up this month, unlike December 2021. Failure to break though can result into a blow off top. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope3
US30 Road MAPThis chart uses Gann's Square of 9 to find key price levels through geometric and time cycles. Let me break it down: 1. Gann Angles: Gann angles divide the price into degrees like 0°, 45°, 90°, etc. These angles correspond to key support and resistance levels. The current price of 41,723.1 is near the 0° level at 41,835.8, which is a critical resistance zone. 2. Support Levels: 45° level: 41,513.02 is the first support. 90° level: 41,191.49 is the next major support. 180° level: 40,552.18 is a significant long-term support zone. 3. Resistance Levels: Current resistance: 41,835.8 (0° level). If broken, the price may target higher degrees above 42,000+. 4. RSI & Momentum: Though not displayed here, RSI or momentum indicators can be added to confirm if the price has strength to break resistance or if it will reverse at support levels. 5. Time and Price: The vertical lines represent time cycles, indicating potential turning points. For example, the intersection around Sept 23-25 could be a significant point to watch for a reversal or continuation. Interpretation: If the price breaks 41,835.8, the next target would be higher Gann levels. If the price fails at 41,835.8, expect a retracement to the support at 41,513 or further down to 41,191. This analysis relies on Gann’s philosophy that both time and price work in harmony, and significant market turns happen at key price levels combined with time cycles. This chart is part of Gann’s secret tools and helps traders pinpoint high-probability areas for price movements based on the theory of vibration and geometric relationships in the market.by Magic_xD2
Recap of my 2 NY trades today, DJ30 long, Silver shortWaiting patiently into 3rd hour 2 of my shortlisted setups confirmed for me, and i took DJ30 Breakout continuation long and Silver FOH continuation short. 04:02by TC8880
US30 LONG IDEA"This is my idea on the US30 index. Based on recent price action and market conditions, I believe there's potential for further upward movement in the near future. Keep an eye on key levels for possible continuation of the bullish trend."Longby jijbezbookings4
US 30 LONGUS30 long , as the price has recently break the resistance area with a bull momentum and now we place a buy stop at its all time high with the sl below its last support level , hope for our target as the fib marked on our chart Longby inambari2211
US30, WAITING FOR PULL BACK THEN SHORTTeam, this morning, I predicted the US30 is likely to move according to the chart. 9 hours later, it finally arrived at the dot. We will enter the short at 41646 once the price confirm. Take 50% profit at 41590, bring stop loss to BE level. then target further toward 41482 and 41361.Shortby ActiveTraderRoom1
20240917 Live heat map update DXY, XAG, XAU, WTI, DAX, NAS, DJ30This update includes my comprehensive analysis and discussion of potential setups for the day. You'll see how I conduct my end-to-end analysis using the multi-timeframe bias approach combined with Stacey Burke Style trading. The potential trade setups for the day are presented as hypotheses to be confirmed during the session.20:47by TC8880
US30 analysisI will be waiting for the market price to come to my buy zone possibly complete the stop loss sweep as well before i can enter but if entering it is advisable you enter below the order block and putting your stop loss below the previous liquidity zone before the current order blockby PIASKA0
PREPARE TO TRADE US30 at market openingToday, I will focus on the US30 to see the breakdown. Please be aware of the BOT's STOP LOSS trick. Sometimes, it is best to hold the stop loss a bit longer to accommodate the fadeouts, which happen most of the time in the markets. Shortby ActiveTraderRoom2
Could price drop from here?DJ30 has reacted off the resistance level which aligns with the 161.8% Fibonacci extension and could potentially drop to our take profit. Entry: 41,785.78 Why we like it: There is a resistance level that aligns with the 161.8% Fibonacci extension. Stop loss: 42,102.21 Why we like it: There is a resistance level that aligns with the 127.2% Fibonacci extension. Take profit: 41,103.61 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.DShortby VantageMarkets5
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 41500 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41500 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 5
Us30 Retrace. Since US30 took the High, now wait for the market to Retrace to an inbalance that's @ point 40.603. Then you we can start going long. Longby blxckcheffx6190
NasdaqIm short on Nasdaq around 42000 as it break its high with bearish Divergence on daily timeframe. it started to cool down near fib extension Moving in a parallel channel and can be rejected from upper channel UShortby addimasud13
US30 longHere is why: - August's monthly closure was very bullish as the candlestick has left a long wick. This shows that price had collected orders from the previous weekly liquidity regions before heading upwards. - As of right now, price has broken into all time highs, which indicates that price is going higher. The weekly targets would be 42,450. - Price is very bullish but I will have to wait for it to form a buy setup on lower timeframes before I enter into the trade.Longby kingmwenja3
US30 BUY OPPORTUNITY Buy Position on US30 (4H Chart) Upon analyzing the 4-hour chart, we are seeing significant bullish momentum across the US30 index, signaling a strong continuation of the overall uptrend that has been dominant throughout the week. The current setup presents a high-probability buying opportunity as we catch an entry from a pullback within this bullish trend. This pullback offers a favorable entry point, aligning with the momentum indicators that suggest further upside potential. The target for this position is the US30 all-time high, with the expectation that the ongoing bullish pressure will drive the price to retest these levels. With market conditions and momentum in our favor, this trade allows us to capitalize on the prevailing trend while minimizing downside risk by entering on the pullback. We will set the stop loss 120 pips from entry to manage risk, ensuring that our downside exposure is controlled while allowing the trade room to develop.Longby BluezFxTradersUpdated 225
US30 May Face Another Resistance Near 41580US30 May Face Another Resistance Near 41580 The price is testing the top of the structure near 41580 for the third time. In previous instances, the price reacted to this zone by dropping nearly 3.8%. There is a high probability that it could move down from this zone again, especially during the upcoming FOMC meeting, as shown in the chart. If the price starts to move down, support zones can be found near 41,000, 40,600, 40,200, and 40,000. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuni1127
Will DOW JONES break its important resistance?DOW JONES in the resistance range of 41490 After the failure of this area, expect the index to rise to the range of 42131 and in case of strength, 42536 Otherwise, and the failure of its support in the range of 40000, we can expect a drop to the range of 39278. by arongroups4