US30 trade ideas
US30 Technical Breakdown – 07/31/2025📍 US30 Technical Breakdown – 07/31/2025
US30 is currently trading at 44,624, showing signs of weakness after failing to hold gains near 45,100. The index has broken down from its recent consolidation range and is hovering just above mid-range support at 44,600.
Momentum has shifted slightly bearish, and price action remains choppy within the broader 44,700–45,000 range. Bulls must defend the 44,600 level to avoid a deeper move into the demand zone below.
📊 Current Market Behavior:
🔄 Choppy consolidation near the lower end of the range
📉 Repeated rejection at 45,100
🧱 Support currently holding around 44,600
⚠️ Downside pressure increasing – caution warranted
📌 Key Levels:
🔹 Resistance Zones:
44,745–44,800 → Immediate intraday ceiling
45,000 → Psychological resistance
45,100 → Previous swing high / heavy rejection area
🔹 Support Zones:
44,600 → Immediate support (currently testing)
44,326 → Strong historical support
44,171–43,929 → Broader demand zone
🧠 Bias:
🔽 Slightly Bearish Intraday
Dow Jones Wave Analysis – 29 July 2025
- Dow Jones reversed from the long-term resistance level 45000.00
- Likely fall to support level 44000.00
Dow Jones index recently reversed down from the resistance zone between the long-term resistance level 45000.00 (which has been reversing the price from the end of 2024) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern, Bearish Engulfing.
Given the strength of the resistance level 45000.00 and the bearish divergence on the daily Stochastic, Dow Jones index can be expected to fall to the next support level 44000.00 (which reversed the price earlier in July).
DowJones bullish breakout support at 44390Key Support and Resistance Levels
Resistance Level 1: 45197
Resistance Level 2: 45507
Resistance Level 3: 46000
Support Level 1: 44390
Support Level 2: 43900
Support Level 3: 43590
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DJ30/US30 LONG Reason for trade:
1. Expanding flat in play
2. Equal highs (LIQUIDITY)
3. Currently at the order block area (Ready)
Entry: 43647
Stop Loss: 43386
Take Profit: 45246
Strategy: Wait for a 30 minute engulfing candle closure.
Once in profit of 1:1 R, place the trade at BE
Blessings, in CHRIST.
US30 07/29 Sell Trade I don't like sells because I consider myself an optimistic person but the red candle that I mark in red gave me all I needed to know to enter sell and get my target profit filled. So. I know there is variation in this trade but we were on a downtrend and going against the trend is only acceptable when the trend is over( meaning a reversal) . So when I see a big candle break the support of my variation I entered
Anticipating DJIOn the daily timeframe, the current position of the Dow Jones Industrial Average (DJI) is projected to follow one of three possible scenarios:
Scenario 1 (Black Label):
DJI is currently in the process of forming Wave iv of Wave , implying that any short-term rebound is likely to be limited. The index may test the resistance area between 43,953–44,142, but remains vulnerable to further downside correction thereafter.
Scenario 2 (Red Label):
In this scenario, Wave 4 is considered complete, allowing DJI to resume its upward momentum. A breakout would signal the start of Wave 5, targeting the 45,324–46,465 range for a potential new higher high.
Scenario 3 (Blue Label):
Here, DJI is assumed to be in the midst of Wave 4 of Wave (5). A corrective move is expected first, potentially revisiting the support zone around 42,262–43,028, before continuing its bullish trend to form a new higher high.
Dow Jones Wave Analysis – 1 August 2025
- Dow Jones broke the support zone
- Likely to fall to support level 43000.00
The Dow Jones index broke the support zone between the support level 44000.00 and the 38.2% Fibonacci correction of the upward impulse from June.
The breakout of this support zone accelerated the active short-term correction iv.
Dow Jones index can be expected to fall to the next support level at 43000.00 (target for the completion of the active correction iv and the former resistance from May and June).
DOW JONES Strong rebound on its 4H MA50.Dow Jones (DJI) is having a strong rebound exactly on its 4H MA50 (blue trend-line). This is taking place just after the price broke above the Bull Flag that served as the accumulation pattern following the previous Channel Up.
This is a repetitive pattern and most likely we will now see the new Channel Up starting. The technical Target on such formations is the 2.0 Fibonacci extension at 48000.
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Shakeout On The WayUnlike the SPX, the DJI didn't make a higher-high. Why is this? I think partially because it's price weighted as opposed to market cap weighted like the Nasdaq or SPX. The other part would be CPI numbers.
So what's next for the DJI? I see hidden bullish divs long term and hidden bearish divs short term, this a common shake out tactic I see to liquidate longs and shorts. I'll be looking to load up on the trade at the bottom of the channel and play the range as it develops.
As always: stay calm, don't panic, and don't forget you can always use a stop loss
The fear and green index is at 74, when people are greedy be fearful.
Long Position on Dow Jones Industrial Average
Initiating a long position at 44,456, supported by robust economic data and stronger-than-expected corporate earnings. These indicators point to continued resilience in the U.S. economy, potentially allowing the Federal Reserve to consider rate cuts sooner than previously anticipated — a positive catalyst for equities.
📌 Entry: 44,456
🛑 Stop Loss: 44,207
🎯 Take Profit: 44,900
Monitoring price action closely as market sentiment continues to shift in response to macroeconomic developments.
US30 Weekly Forecast – Bullish Bounce or Breakdown?Hope everyone had a great weekend!
This chart outlines a critical US30 intraday structure with price currently pulling back into a key confluence zone composed of:
A rising trendline from July 23rd
Two stacked demand zones, the upper around 44,850 and lower near 44,700
Bullish Scenario (Preferred Bias):
If price respects the trendline and upper key zone, we may see a bullish continuation targeting the 45,150–45,250 range.
The clean bounce zone, marked by the green arrow, suggests smart money might defend this level.
Watch for bullish engulfing or low-volume traps near 44,850–44,880 to confirm entry.
Bearish Scenario (Alternate Play):
If price fails to hold the trendline, and breaks below the 44,850 key zone with momentum, expect a drop into the lower zone (44,650–44,700).
A breakdown below this lower demand could shift the bias entirely, opening the door for a deeper correction back into the mid-44,000s.
Weekly Playbook:
Early week: Monitor the reaction at the upper key zone for sniper long opportunities with tight stops.
Mid to late week: If structure fails, flip bias and look for supply rejections on retests for shorts.
Risk: Account for FOMC/major U.S. news events that may introduce volatility traps around these zones.
Verdict: Stay patient. Let price dictate bias at the trendline. If it holds, this could be a textbook bounce continuation setup.
US30 H4 IdeaThe Federal Reserve meets next week and is widely expected to leave rates unchanged at 4.25%–4.50%. Still, market participants will watch for commentary on inflation and rate-cut prospects, especially after recent criticism of Fed Chair Powell by President Trump.
What Should Traders Watch?
With the major indexes on track for weekly gains, next week’s developments could test the market’s resilience.