US30 move down bearishus30 is short term correcting to the down side but right now it may need to move higher to 400 to 500 points to break the current support level any thoughts are welcomed
US30 trade ideas
sell and buyFirst we continue with sell and then we go at the price of 42750 for buy for the purpose of the roof of the channel
Dow drops on inflation expectations of US consumersThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, previous consolidation zone and the rising support trendline . A corrective pullback from the current levels and a bullish bounce back from the 42980 level could target the upside resistance at 43680 followed by the 44080 and 44540 levels over the longer timeframe.
Alternatively, a confirmed loss of 42980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 42520 support level followed by 41820 (200 Day Moving Average).
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
FVG AND HOLC BUYI think we have hit the low for today and we have a big bearish FVG higher so i target the 50% of her and in 1min TF i entry in bullish FVG
DOW JONES Rectangle bottom formed. Bullish.Dow Jones hit today its MA200 (4h) and rebounded.
This has come too close to the bottom of the Rectangle pattern that dominates the price action in the past 3 weeks.
Trading Plan:
1. Buy on the current market price.
2. Buy again if the price closes above the Falling Resistance.
Targets:
1. 44450 (MA50 4h and Falling Resistance).
2. 45000 (top of Rectangle).
Tips:
1. The RSI (4h) got oversold and rebounded like on the February 3rd Low. Strong buy signal.
Please like, follow and comment!!
Dow30 buy Last week buyers aggressively rejected lower prices at this price levels
44195.7 & 44179.5
20th Feb we see a reaction to this oders with anticipation that buyers will successfully defend their buying interest
US30 (Dow Jones) H1 Analysis: Descending Resistance TestLooking at the H1 timeframe for the US30, we're seeing an interesting technical setup:
Market Structure:
Price trading beneath a clear descending resistance line
Consolidation pattern forming in recent sessions
Moving averages tightly grouped, indicating potential breakout setup
Recent lower highs respecting the descending trendline
Key Levels:
Major Resistance: 44,767 (Descending Trendline)
Current Price: ~44,518
Support Level: 44,153
Immediate Resistance: 44,592
Technical Indicators:
Volume showing decreased activity in recent consolidation
Momentum indicators showing neutral bias
Price compressing between moving averages
Lower timeframe structure indicates potential bearish continuation
Trading Considerations:
Watch for reaction at descending trendline
Volume increase needed for valid breakout
Key support at 44,153 needs to hold for bullish scenario
Potential for continuation of range-bound condition
s
US/30 bullishlooking for price to enter 0.71 fibb area for a buy to the upside,
i will be looking to enter this on a lower timeframe, with a possible scale in depending on market structure. alert set for the 0.71 fibb area.
US30 Liquidity We swept some liquidity.. i was looking for a short trade but first we should wipe out this liquidity
US30We can attempt to buy US30 from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
Weekly Forex Outlook Sun.Feb.16.2025 - Fri.Feb.21.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
PUSHING TOWARDS ALL TIME HIGHSLooking at Us30. We should expect a push towards the upside to complete the last phase of the wave cycle based on the Monthly overall direction.
LongUse proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice.
US Presidents' Day holiday, US markets closedMonday, February 17
Data: Japan December capacity utilisation, Tertiary industry index, Italy December trade balance, Eurozone December trade balance, Canada January housing starts, December international securities transactions
Central banks: Fed's Harker, Bowman and Waller speak, ECB's Nagel speaks
Earnings: BHP Group
Other: US Presidents' Day holiday, markets closed
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
possibility of uptrendIt is expected that the correction trend will end within the specified time frame and the beginning of the upward trend will occur.
Otherwise, the correction trend will continue until the specified support levels.
The Boxy BabyWhen the market does this sort of move it forces me to go to a higher timeframe, and see what causes the 4H consolidation. Seeing the weekly reject the way it does, only the range trading will be able to protect us from hurting our RR
What Are Ya'll Thoughts On The Coming Week For #US30 - DOW JONESDescribe Your Opinion On Your Direction Based Off The ANALYSIS Above.
150% minimum gain on dow jones30 150 percent gain until 2027 is the long perspective for dow jones but you have to buy every down and dip for this long run
Retest of the top!Dow Jones may be headed towards the top, because the indice broke through a bearish channel (maroon trendline) at 44500, simultaneously finding nearby resistance at 44750. Price action retested the breakthrough point and is currently finding stability above it as indicated by the (green trendline).
Remaining above 44500, the indice may be headed toward 44750, 44900, and 45035. Alternatively, breaking the green trendline and failing to rise may yield a fall in price action and retest nearby support barriers.
On the 4hr and 1hr, the price is moving between 45065 and 43780. A break of either zone may also yield where the indice might be headed for a long-term perception.
