Will the Dow Jones return to its price ceiling?Important resistance of the 41000 range In case of failure of this range, expect to rise to the range of 41200 and in case of strength to the range of 41370 Otherwise, by breaking the 40740 range, we can expect a drop to the 40410 rangeby arongroups4
US30 - Bullish ContinuationExpecting continuation of the bullish momentum for BLACKBULL:US30 Entry: CMP SL: 40,417Longby Tempo_Trades112
US30 Outlook ICT ConceptsDow Jones Industrial Average (US30) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US30, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: The price has swept the previous month high (PMH) and the buy-side liquidity (BSL) above it, placing it in a deep premium. 📍 Current Market Overview: The current price is around 40,920.69. The price has swept the previous week low (PWL) and tapped into the 4-hour Fair Value Gap (FVG). 🔍 Identifying Key Levels: • PMH: Previous Month High • PWL: Previous Week Low • PWH: Previous Week High • PML: Previous Month Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • EQH: Equal Highs • EQL: Equal Lows • FVG: Fair Value Gap, highlighting areas of imbalance 📊 Key Considerations: • Current Price Position: The price is trading around 40,920.69, after sweeping the PMH and BSL, and now in a deep premium. • PWL and 4H FVG Interaction: The price has swept the PWL and tapped into the 4H FVG, also aligning with the Optimal Trade Entry (OTE) levels. • OTE Levels: The current price is within the OTE levels, suggesting a potential lower movement. 📈 Bearish Scenario: Given the current price action and key considerations, a bearish scenario is possible if the following conditions are met: Target SSL and FVG Below: The price can be expected to go lower from here, targeting the SSL and the FVG below it, or even the PWL, which is close to the equilibrium (50%) of the range. 📉 Bullish Scenario: A bullish scenario should be considered if the following conditions are met: Clearing Sell-Side Liquidity: For any bullish scenario and long positions, we need the sell side of the chart to be cleared from liquidity. Once the liquidity is cleared, we can then decide on potential long positions. 📊 Chart Analysis Summary: Bearish Expectation: The expectation is for the price to potentially move lower, targeting the SSL and the FVG below it, or even the PWL, which is close to the equilibrium (50%) of the range. Bullish Expectation: For a bullish scenario, we need the sell side of the chart to be cleared from liquidity. After the liquidity is cleared, we can consider long positions. 🙏 Thank you for joining us! Exploring US30 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.by RealArmin3
US30We can attempt to buy US30 from specified level as it make double bottom (reversal pattern) , also break LH , also bullish divergence occur indicate that it moves upward. SL , TP mention in chart.ULongby SignalEdgeUpdated 3
Dow Jones Index (US30): Intraday Bullish Signal?! Update for the yesterday's setup on US30. Earlier, we spotted a confirmed breakout of a key daily resistance. After that, the market retested the broken structure and started to consolidate within a narrow range on a 4H time frame. The resistance of the range was broken this morning. It is a strong intraday bullish signal. Growth may continue to 21250 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
DOW JONES - NEW BREAKOUT !Hello Traders ! On the daily time frame, The DOW JONES reached a strong support level (39765.00 - 40094.00) and failed to break it ! The last lower high is broken (Change of Character). So, I expect a bullish move 🚀 ______________ TARGET: 41250.00🎯Longby Hsan_BenhmedUpdated 151540
Uptrend The uptrend is expected to advance to the specified resistance levels. Then, according to the indicator's behavior in this range, the continuation of the movement process will be according to the specified paths Longby STPFOREX2
Bearish drop?DJ30 has rejected off the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop to our take profit. Entry: 40,949.42 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 41,383.39 Why we like it: There is a pullback resistance level. Take profit: 40,306.99 Why we like it: There is an overlap support level that lines up with the 61.8% Fibonacci retracement. 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 VantageMarkets7
Dow Jones - The Next Bull Run Is ImminentThe time has come: the next bull run in the Dow is about to begin. The reasons for our bullish assessment can be found in the notes in the chart.Longby Ochlokrat0
US30 bullish Daily 38.20 # bullish engulfing making a valid support on daily. Target -27% DLongby kreshnikmisini2
D JonesDowjones broke above flag n pole pattern on an hourly charts & consistently trading above it. Could be bought with mentioned stoploss & targets.Longby TORTOISE_MS111
DOW 41k, YOU'RE GONNA WANNA PAY ATTENTION TO THIS PRICE TARGET41k is a massive resistance price target meaning, it is likely to hit allowing exits at profit. If it hits there is potential to see it bounce around even as high as 54k in a short term, but ultimately, at some point it will need to retest the lower end price targets. If it were to do that sooner rather than later, it allows for a more natural growth in the price. Meaning, there is a lot of potential to see the price melt up from 41k and then keep going. OR more likely, there is a lot of potential to see a drop, possibly even a steep drop from 41k. Either way, the downside takes us around 20% and then as high as 40% down from 41k. I included 9k as a potential target, but I don't think we see baring a nuclear bomb being set off on the moon, but anything is possible. All in Mark Cuban, Sold stake in Mavs Jeff Bezos, Sold Amazon stock Warren Buffet, Sold Apple Ryan and Carl, Buying BBBY Multiple sports teams for sale, sold or being shopped Massive deals everywhere If you need any more signs that a top is near, with potential to crash hard allowing for a buy the dip scenario. Here is a small sample of it. by nicktussing77Updated 113
US30 BOX SETUP SHORT IDEA 15MUS30 BOX SETUP SHORT IDEA Dow jones 15m sell limitUShortby mluckyalone13
US30 - Stabilized in Bearish Zone with Key Levels and ScenariosTechnical Analysis: US30 Current Outlook: The US30 has stabilized in a bearish zone, confirmed by the 4-hour candle closing below the support line at 40,650. Bullish Scenario: To initiate an uptrend, the price must break above 40,650, potentially reaching 40,800 and further towards 41,050. Bearish Scenario: As long as the price remains below 40,650, it indicates a continued downtrend towards 40,420, especially following the recent correction. Key Levels: - Pivot Line: 40,650 - Resistance Levels: 40,820, 41,050, 41,300 - Support Levels: 40,420, 40,060, 39,800 Today's Expected Trading Range: The price is anticipated to fluctuate between the support level at 40,060 and the resistance level at 41,050.Shortby SroshMayi2
Dow Jones Index (US30): Important Breakout Dow Jones has a nice potential to go higher after a confirmed breakout of a key daily resistance. The broken structure turned into support now. We can expect a bullish movement from that to 41260 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader2214
Intraday levels. Market is bullish and this is the trade idea. If it hold here. We might see a bullish move towards recent high. Very clean chart and high RR expected.Longby Ask3raders227
US30 Trade ideaUS30 is on a bullish trend and has just rejected a key zone with what seems to be a double bottom followed by a break of a mid term structure to confirm the buy. Take into account that the resistance above might be rejected Longby SaacTrades1
Falling towards 61.8% Fibonacci support?DJ30 is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 40,248.42 Why we like it: There is an overlap support level which lines up with the 61.8% Fibonacci retracement. Stop loss: 39,872.16 Why we like it: There is a pullback support level. Take profit: 40,881.36 Why we like it: There is an overlap resistance level which lines up with the 61.8% Fibonacci retracement. 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. DLongby VantageMarkets10
US30 main analysis Based on the 4hours timeframe ....price changed character and currently took out liquidity zone tapping into FVG areas for trend continues..... Possible sell opportunities 💯💯💀Shortby Braxgolden0
Falling towards 50% Fibonacci support?The Dow Jones (US30) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 40,248.98 1st Support: 39,842.02 1st Resistance: 40,849.49 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.ULongby ICmarkets5
DOW JONES INDEX│ US30 │ 29 July - 2 August 2024DOW JONES INDEX│ US30 │ 29 July - 2 August 2024 - Daily timeframe As per previous analysis, price has managed to trade below fair value. What makes me think that Friday’s rally was a false move is because of the fact that that 3-candlestick pattern that constitutes a swing point has not formed. The market is likely to dig below last week’s low. Do not confuse this correction as a bear market; it is merely a correction until the market shows us otherwise • Bullish bias - Four-hour timeframe A clear rejection of the premium fair value gap, the market taking out liquidity @ 40826.5 and creating that swing high sort of confirms that the rally from Friday may just be a bull trap as we look to correct a little deeper. • Bearish bias - 15-minute timeframe This timeframe is also bearish for the time being. This was confirmed by the NY session sell off; this is a faster timeframe and should be updated daily. • Bearish Because I know that the daily timeframe is busy correcting I will be bearish medium-short term , this means that I will only look to take short positions if they present themselves. ©Austin Palmer for FONOS Fx, 2024. Longby Austin_Palmer1
DJ30 going longAs from Tuesday 30 July i am expecting DJ30 push towards upside due to my sentiment if we are in a down trend inside a channel we lookout for short term trades on opposite direction . not everytime what we know may happen according analysis .Longby Cayenna_us30222
US 30 short - scalp trade Taken a short scalp trade based on the previous analysis on US 30. Taken some profits and stopped out in profit. Will keep an eye on how the trade develops. Overall trade idea remains valid as long as we do not get a clean break above the current highs. Entry 40613 TP 40525 SL 40653 The overall trade can be seen and taken as a swing trade... personally saw it as a scalp which could develop as a swing trade as I was tape reading on the LTF. As always the market moves in range so as long as you FOLLOW IT. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick27075