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DOW JONES: Small pullback will offer a buy opportunity.Dow Jones is about to turn neutral on the 1D technical outlook (RSI = 57.040, MACD = 399.580, ADX = 38.469) as it crossed below its 4H MA50, withi the 4H RSI already on a bearish divergence, pointing to a short term correction. We expect that to be on or a little under the 4H MA200 and then rebound (over the 0.5 Fibonacci level) like the September 11th low. Like then, we are targeting the 1.236 Fibonacci extension (TP = 43,200). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30
by InvestingScope
Dow Jones: Potential Retracement After ConsolidatThe Dow Jones Industrial Average (US30) is showing signs of exhaustion after several days of consolidation between the 41,800 and 42,300 price levels. We are now observing a potential bearish setup that may lead to a retracement towards the 41,400–41,000 zone, aligning with the 0.5 Fibonacci level on the FibCloud indicator. If this scenario plays out, it could offer a solid short opportunity for traders looking to capitalize on this potential pullback. Monitoring key levels and price action will be crucial in managing this trade. Technical Analysis: • Price Action: The Dow has been trading within a narrow range, indicating indecision and a potential loss of bullish momentum. A break below the consolidation zone could trigger a downward move towards the 0.5 FibCloud level. • FibCloud Indicator: The target zone between 41,400 and 41,000 aligns with the 0.5 Fibonacci retracement level, providing a strong confluence for a possible retracement. • Support & Resistance Levels: The immediate support is at 41,800, and a break below this level could see the index testing the 41,400–41,000 zone. Resistance remains at 42,300, a break above which could invalidate the bearish setup. • Volume & Momentum: Decreasing volume and fading bullish momentum suggest a potential reversal. Traders should watch for confirmation signals such as bearish candlestick patterns or a momentum shift. Trade Setup: • Entry: Consider entering a short position below the 42,260 support level with a strong bearish confirmation. • The stop-loss is set at a 2:1 risk-reward ratio, with an SL at 42,695 and a TP at 41,400. If strong momentum develops, the target will be extended to the 41,000 price zone. The Dow Jones is at a critical juncture, and the upcoming price action will provide more clarity on the next directional move. This setup offers a favorable risk-to-reward ratio for traders looking to position themselves for a potential retracement. Stay updated on economic releases and price action developments to manage this trade effectively. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
CAPITALCOM:US30Short
by AR33_
3
US30 Is Very Bearish! Sell! Here is our detailed technical review for US30. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 42,103.5. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 41,765.3 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
OANDA:US30USDShort
by SignalProvider
1
US30 Pull back shortPrice action has been respecting a key 4-hour trendline. The market recently bounced off this trendline for the third time, reinforcing the significance of this support level. Notably, the price broke through a previous resistance level, but we’ve now seen a Change of Character, signalling a potential bearish shift in momentum. Given this bearish structure, I anticipate a pullback to retest the recently broken resistance, which should now act as support. This aligns with a potential retracement to the 50% Fibonacci level and a retest of the bottom trendline, both of which present strong confluence zones for a bullish continuation. For now, the focus is on entering a short-term sell position to capitalize on this expected pullback. In the lower time frames, we’re looking for confirmation to sell the pullback, ideally to a point where price shows signs of rejection at the 50% Fibonacci level or begins to align with the trendline once again.
BLACKBULL:US30Short
by Juniorndini
1
DreamAnalysis | US30 On the Edge Don’t Miss These Key Levels!✨ Today’s Focus: A Critical Asset in the Market – US30 (Dow Jones) We’re diving into its recent price action and breaking down what might come next, based on key market levels. 📊 Current Market Overview: After a strong expansion upward, marking the Previous Month High (PMH), US30 is now gradually retracing lower. The price has formed Equal Highs (EQH) on the buy side and sits near the Previous Week Low (PWL) on the sell side. Let’s explore how these levels shape both bullish and bearish scenarios. 🕓 Key Levels to Watch: Here are the crucial zones we’re monitoring: - PMH: Previous Month High - PML: Previous Month Low - PWH: Previous Week High - PWL: Previous Week Low - BSL: Buy-Side Liquidity - SSL: Sell-Side Liquidity - Daily FVG: Daily Fair Value Gap (imbalance zone) These levels represent key areas where price might accumulate liquidity or retrace for order collection. Fair Value Gaps (FVGs) are potential zones for the market to rebalance before continuing its trend. 📈 Bullish Scenario: To confirm a bullish bias and seek long positions, we need to see Sell-Side Liquidity cleared. The nearest target is the Previous Week Low (PWL), a critical SSL level. Once price dips below it, we can look for entries on lower timeframes (LTF) and target the Buy-Side Liquidity (BSL). 📉 Bearish Scenario: For a bearish play, we’re watching the Equal Highs (EQH) on the buy side. If the price takes these out, we’ll look for lower-timeframe entry models and aim to target Sell-Side Liquidity (SSL). 📝 Conclusion: As always, adaptability is key. Keep an eye on these critical levels to refine your strategy and identify potential opportunities. 🔮 Looking Ahead: Stay tuned for updates as we track NASDAQ, DXY, EUR/USD, and other major currency pairs. Expect timely insights as market trends develop. ⚠️ Disclaimer: This is for educational purposes only and not financial advice. Always conduct your own research and consult a licensed financial advisor before making investment decisions.
CAPITALCOM:US30
by DreamAnalysis
US30 POTENTIAL BUYTrade Idea: US30 Buy on 15-Minute Chart Trade Setup: Entry Price: 42190 (buy stop) Stop Loss: 42120 (75 pips below entry) First Target: 42215 Second Target: 42240 Bullish Pressure: Recent price action shows increasing bullish momentum, confirmed by rising volume and positive indicators on the 15-minute chart. Market Sentiment: The overall market sentiment is supportive of a bullish trend. Technical Levels: The price is approaching significant resistance at 42215 and 42240, with potential for a breakout given the current bullish momentum. Execution Plan: Enter long at 42190. Set stop loss around 42120. Monitor price action closely and adjust stop loss to break even once the first target is hit. This trade leverages bullish sentiment and technical analysis, aiming for a continued upward movement beyond 42240.
PEPPERSTONE:US30Long
by BluezFxTraders
1
US30 Is Bearish! Sell! Please, check our technical outlook for US30. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 42,202.3. Taking into consideration the structure & trend analysis, I believe that the market will reach 41,924.3 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:US30Short
by SignalProvider
1