US30 trade ideas
US30 / Consolidation Zone with a Bearish BiasUS30 Technical Analysis
The price has a consolidate between 42130 and 41970
Bearish Scenario: Breaking 41970 by closing 1h or 4h candle under it, will be a bearish trend to get 41740 and then 41560
Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450
Key Levels:
Pivot Point: 42130
Resistance Levels: 42290, 42450, 42590
Support Levels: 41970, 41750, 41560
Trend Outlook:
- Bearish by stability below 41970
- Bullish by stability above 42130
- Consolidation 41970 and 42130
DreamAnalysis | Dow Jones Focus Key Levels and Strategic Moves✨ Today’s Focus: Dow Jones (US30) – A Major Market Influencer
We’re diving into the latest NASDAQ price action to pinpoint crucial levels, assess potential trends, and uncover strategic trading opportunities.
📊 Market Overview:
Currently, Dow Jones is positioned in a Discount. The price has broken through significant Seel-side liquidity levels, including the Relative Equal Lows Taken and now is having a retracement back higher, setting the stage for a potential move toward the Previous Week High ( PWH ). A Bullish Smart Money Technique (SMT) signal also aligns with the SPX500 (ES), hinting at possible headwinds.
🔴 Short- and Long-Term Outlook:
We’ll explore both bullish and bearish setups, equipping day traders with insights to approach both short-term and long-term trends effectively.
🗣 Short-Term Outlook:
In the short term, two scenarios could play out: either a push into the Buy Side Liquidity targeting the Previous Week High ( PWH ) and after that leading to a lower move. Lower timeframes will be crucial for monitoring these moves—drop down to spot key market movements in real-time.
🗣 Long-Term Outlook:
Looking long term, there’s potential for a pullback into a Premium level. For entries, tracking lower timeframes is essential. The Bullish SMT divergence with SPX500 (ES) reinforces the possibility of a Upward expansion.
🕓 Key Levels to Watch:
These levels will likely shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
Fair Value Gaps (FVGs) serve as pivotal retracement zones, potentially guiding the next price movement.
📈 Bullish Scenario:
In a bullish setup, watch for Low-Resistance Sell-Side Liquidity sweeps on lower timeframes (LTF). Look for entry signals targeting higher levels, including a potential move toward the all-time high (ATH).
📉 Bearish Scenario:
For bearish trades, focus on lower timeframes such as the 15-minute chart. Short entries within the 4-Hour Imbalance or a breakdown of Low-Resistance Buy-Side Liquidity provide further confirmation.
📝 Final Thoughts:
Stay adaptable as market dynamics shift. By monitoring these key levels and setups, you’ll refine your strategy and increase the potential for high-probability trades.
🔮 On the Radar:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets for evolving insights and timely updates.
⚠️ Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions.
UPDATE: DJI stock market, Crash 2024 will start in october 2024!UPDATE: DJI stock market, Crash 2024 will start in october 2024!
DJI Stock - Bull Market Truncation!As previously stated, we are on the eve of a major depression period. First signs of this will become visible. One of these are the DJI Stock - Bull Market Truncation!
04.11.24This week is election week in this close battle in elections on Tuesday and the Feds are expected to deliever a rate cut. This could influence high swings in market prices
us30: Price hovered around resitance and began its fall on wednesday to
Previous weeks low. On us30 im still quite bearish as there has been strong bearish momentum, possible to 41706.71-41557.50 area id like to see how price acts if it can reach there. How ever price has reached a strong area of resistance at 41796.96 so I'd like to see how price acts if it can reach 42334.18
ger40: Price capture a few highs above previous months high before falling on Tuesday reaching pw low on Wednesday. Still bearish towards ger40 id like to see price reach 19002.1-18911.2. I dont favour price pushing higher than 19294.5 at the beginnig of the week but if it were too I will like to see how it reacts
SasanSeifi| Where is the Next Support?Hey there, ✌ In the 10-hour timeframe, the Dow Jones Index has been correcting from the 43,300 price range. With a structural break around the 42,700 to 42,500 zone, the price entered a corrective phase, reaching down to 41,700. Currently, it is trading around 42,000.
The general outlook leans more towards a bearish scenario. One potential scenario is that after some slight upward fluctuations or sideways movement, if the 42,500 supply zone doesn’t break, we may see further correction to lower levels around 41,400 and 41,300. Following this, a range-bound movement is possible upon reaching these levels.
Should there be a correction in the price trend, it’s important to watch the price reactions in these zones to better understand the continuation of the movement. Additionally, if demand picks up and the critical 42,500 level breaks and holds, we could see a further price rise toward the 42,700 and 43,000 levels.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Check the trend It is expected that the corrective trend will change the trend in the current support range and we will see the beginning of the upward trend. If the support range is broken, the continuation of the downward trend is likely
US30 SELL ANALYSIS TRIANAGLE PATTERN Here on Us30 price has form triangle pattern and now try to fall as the line 42232.4 has broken so is likely to fall more and trader should go for SHORT with expected profit target of support level. Use money management
Us30 Us30 is holding a good centeral level which is 41700. That level is highly important our forcast that price will jumb up to resistance at 43327 or closer then a retracement and continue its way to newly ATH . Target in analysis .
US30 BUY NOW!!!!!!1US30 completed my last analysis predictions with +2,000pips and above now price took out the buy side liquidity with a retest am going long from this hold holding till we take out or run all the liquidity above
JOIN AND ENJOY
Tell us your views on this...........
IXIC (NASDAQ) When will the bears hibernate? Today I am sharing a snippet from my free weekly newsletter I send out each Sunday night (www.thetraderreset.com). I would love to hear what my fellow swing traders think the market may do this coming week.
Here are my thoughts:
Anything is game right now in the market. The pullback from last week paused at a key level as indicated by my yellow lines. If we break that line, we could be in store for another bearish week. I actually feel pretty beat down by the past week, so I don't feel I can make really objective predictions. What I can show you is what key levels I see, and what the weekly is doing for some extra clues. My thoughts below include the Dow's daily/weekly chart as well.
👀 Both daily charts show a failure to hold the rise on Friday. That is the long wick you see above the body of the candle.
👀 The movement on both daily charts is also a typically a bearish structure: a drop down, a rise to retest a certain area (in this case the moving averages) and then a continuation lower.
👀 The inability to pop above and close above the smaller moving averages is also a bearish sign.
👀 If we break below the yellow lines where the price is sitting, this could mean a decline toward the next yellow line (or for the Nasdaq, at least to the 50SMA, which is my pink line).
👀 If we hold at or near the yellow line both indices are currently at, this could mean the decline has halted, but will need a really good pop up to rally and to regain confidence.
👀 The indices are sitting on their 10EMAs (orange lines) and this too can act as support for a rise.
So with that, what do you see to add to this? or what adjustments would you make to my observations?
US30 View!!** Shares of paint and coatings maker Sherwin-Williams
SHW
up 3.7% at $371.99 after the bell
** Company to replace Dow Inc
DOW
in the Dow Jones Industrial Average
DJI
** DOW is the smallest company in the index, as measured by market capitalization - S&P Dow Jones Indices
** Shares of Dow, which is grappling with sluggish demand, fell ~1% to $48.55 in after-market trade
us30 how i set up my next predictionhello friends you like to know ? you like to make not 20 pipis not 80 pips we talking about 500 to 3500 points our more what my video.
US30 BearishBLACKBULL:US30 price overall is bearish soon as we brake the 41,600.00 level price is expected to retest at 41,600.00 before continuation. Then it should drop all the way to the 40,587.4.
Dow Jones + This 3 Step SystemThe greatest buying opportunity has arrived...
are you looking at the dow jones TVC:DJI ?
-
It was from crashing this crash wont continue at all
because it was a type of crash that
appears as a taking profit
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Crash investors are going to rebuy their
positions in this next market cycle.
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Listen its been a crazy time with
the USA presidential elections coming up
this week
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Are you prepared to capitalise during this
election cycle the stakes are high
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And this is the time for you
to prepare..
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If you look at this chart you
will see..The following 3 steps:
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• Step 1: The price is above the 50 ma
• Step 2: The price is above the 200 ma
• Step 3:The price has to gap up
-
Also notice that the candle stick pattern looks
like a bullish harami...if you want to learn more
about candle stick patterns
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Read Steve Nisson’s Book On Japanese Charting..
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It will really help you and give
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Disclaimer: Trading is risky you will lose money wether you
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US30Regarding Us30 two situations may take place however the end is the same ( falling)
Situation one : retracement from 41848 or 41452 level
To 42494 and continue to fall
Situation two : retracement from above mentioned levels
To higher high at 43389 forming a double top pattern and end up to fall .
The accending channel is broken so situation two is acceptable for me .
DJI, Elliott wave analysisOutlook for DJI on the 1D chart.
There have been no changes since the last update.
The lower degree wave has completed an expanding diagonal, and it is most likely that the upper degree wave (c) has begun.
If this scenario is correct, it will probably become bearish.
Dji can fallDow Jones (dj) analysis: We are cautious due to the break of an ascending trend line and the formation of a rising wedge pattern 😐. But we are not afraid because the indicator is positioned above the gap support points, which are “41832” and “41723”. #DJI #ndx next post ⬇️⬇️
If these levels are broken, I advise easing up and opening selling deals, and I do not advise repositioning except at 40,000 to 40,400.
#forexstrategy
#ForexMarket
#DJI #Tesla
Note the decrease in volume peaks as you ascend ↖️ And the height of the peaks in the fall ⬇️ It could be a trap for sellers. Just watch to confirm the breakage.
#DJI #Dowjones
#StockMarkets
#Tesla
#trading
#TrumpRally
shorting up here Looking for 5m/15m RSI above 80 to short, 1st TP is at 5m/16ema, 2nd TP at 15m/16ema
Waiting for 15m close
Dowjones on Hourly Timeframe | Big Bullish CandleCould this be a trend reveral for short term?
Market Trend: The overall trend is labeled as bearish, confirmed by the "Strong" trend indicator in the dashboard.
RSI (Relative Strength Index): At 53.34, the RSI suggests neutral to slightly bearish momentum. However, this reading doesn’t yet indicate an overbought or oversold condition.
Volatility: High volatility at 84.54% signals potential for sharp price movements.
2. Chart Patterns
Swing High and Swing Low: Marked points of recent high and low levels indicate a clear downtrend, as shown by the sequence of lower highs (LH) and lower lows (LL).
Supply and Demand Zones: The red zone above the entry level (42771.24) is labeled as a supply area, suggesting strong resistance, while the green area at the bottom is a demand zone, indicating support.
Descending Trendline: A blue trendline connects the lower highs, reinforcing the bearish trend and potential resistance for any upward move.
3. Entry and Target Levels
Entry Level: The chart recommends a short (sell) entry at 42771.24.
Stop Loss (SL): Placed at 42953.61, this stop loss is set above the supply zone to protect against unexpected upward movements.
Take Profit (TP) Levels:
TP1: 42488.87
TP2: 42256.49
TP3: 42024.12
TP4: 41791.74
These levels suggest a step-down approach in profit-taking, aiming to capture gains as the price moves toward the demand zone.
4. Performance Metrics
Accuracy: The indicator shows a historical accuracy of 69.48% for this setup, suggesting relatively high reliability.
Possible buySelling pressure managed to react on a crucial support barrier. As long as price remains above 41733. The index may try to reach above resistant barriers. Failing to sustain the bullish move, and stabilizing below 41733 may lead to bearish continuation.
