possibility of uptrend According to the behavior of the index in the current support range, possible scenarios have been identified. It is expected that an upward trend will be formed and advance to the previous ceiling rangeLongby STPFOREX0
Potential bullish rise?Dow Jones (US30) has just bounces off the pivot which has been identified as an overlap support and could rise to the 1st resistance. Pivot: 39,006.6 1st Support: 38,641.5 1st Resistance: 39,556.5 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
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 39.800 to 39.875. Additionally, one low-risk buy zone between 38.855-38.822, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 39.800 to 39.875, serving as a low-risk sell. Important Demand Zone🟢: Identified between 38.855-38.822, serving as a low-risk buy. Bullish Targets📈: 38.900: Possible retracement area. 39.050: Possible retracement area. 39.170: Possible retracement area. Ultimate Target: 39.300- Liquidity area. Bearish Targets📉: 39.750: Possible retracement area. 39.500: Possible retracement area. 39.250: Possible retracement area. 39.000: Essential Demand Zone Ultimate Target: 38.750- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by T4X_Trading6
US30We are looking for buying opportunities as long we are still inside the bullish trend and the market is respecting the support zone resulting in buying in buys- 1H TIMEFRAMELongby officialpotego_fx2217
us30 30 min timeframe , rally base rally S/D30 min demand. rally base rally. good location good structure. outside of the range.Longby MastermindGND0
The Top 3 Reasons Why The Dow Is Going Up Am looking at the Dow Jones Industrial average and i have noticed that it is up on the weekly trend and this is one of the reasons why I think it's going up Also if we use the rocket booster strategy you will notice that the price is above the 50 Day Moving Average Also notice the price is above the 200 Day Moving Average as well This gives you a signal that the price is in an uptrend as well You need to look at this price action like you are travelling on a road going to a certain destination Until the "cross over " happens then you can take a turn but remember you have to wait for that crossover, in this case, we are looking at the cross-over of the 50-Day Moving Average above the 200-Day-Moving Average to signal an uptrend. Trade safe. Rocket boost this content to learn more. Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking.Longby lubosi1
DOW JONES still in corrective wave Target of this wave at least top or bottom of 4 wave of previous motive wave which around 37073 or at 38.2% fibonacci which is 37019 More over and which is the most important reason corrective pattern may not yet completed so our important signal for down move is to break down 38000 If move going nowdays give 5 waves up so down move is overby algayar371
Weekly Forex Outlook Sun.June.30.2024 - Fri.July.5.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion08:02by unkn0wntrad3r111
What are the Odds? A 1987 2.0?First off, I want to start off by saying that this is all pure speculation and something that I noticed earlier today. The pattern leading up to the 1987 crash looks almost identical to the pattern setting up today on the weekly chart. Huge spike higher. Consolidating at the top 33% of the move. Breakout of the highs and ripped higher to the 1.25X range expansion followed by the 1987 crash into the 0.50% level of that first rip higher. All along that rising bullish trendline. If I was to transpose that same trend onto today, this is what it would look like. If this is indeed the case, then I need to buy now as this is the low for the start of the move higher. I originally thought that we are in a bull flag going at an angle down but the more I look at it, it seems it will stay in the top 33% and we are almost at the breakout of the highs. I don't know if this will play out, just an observation. This puts it at my original price target of 150,000 that I came up with using other methods and at the year 2034 as well. Longby Dow_Jones_Maestro5
DOWJONESDow Jones analysis Time frame 2 hours and daily The Dow Jones was well supported by the daily demand area as per past analysis. Now it can start moving from the 2-hour demand area, which is the daily range in Dell Trading, to the ceiling of the area.Longby m0neyminer226
DOW JONES is on an expansion phase until late 2025.Dow Jones (DJI) closed the 2nd straight green month (1M candle), something that isn't discussed a lot amidst the pessimistic views lately across the market. Technically, since the bounce on the 1M MA50 (blue trend-line), the index entered a new Expansion Leg inside the Channel Up that started after the 2008 Housing Crisis. Each Bullish Leg has been so far more aggressive than the previous but even if Dow repeats the 'weakest' one, we will still look for a +75.32% rise since the September 2022 bottom. This translates into a long-term Target of 50000, which can extend as long as late 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot22
DJO, Dow Jones in a Triangle - Bullish Continuation expectedHey Guys, Yearly Chart is very Bullish - Broke above ATH and retesting it with this Q2 Candle. However the Monthly Chart Doji indicates a Balanced Market ahead into the start of Q3. A break above the highs would indicate a bullish progression - the Triangle could provide fuel for quite a large move - either up or down. Likely to be a move to the upside - given the higher TF Analysis. 37.800 and 42.000 are the Key Levels for the coming Quarter. Will we see another Quarter of Gains? Or a little pause Pre-Election with some Profittaking under way as well as a ABC Correction towards 35.500? Thanks for reading…Longby MeruEU2
Lil US30 BuyQuick buy w US30 Some intraday action to close out the weekLongby IAmTheDisciplinedTrader2
US30 SELLI want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own researchShortby BigPlanUpdated 6620
Investors Await Key Inflation Data as US Futures Trend Higher PrUS stock futures are trending modestly higher in premarket activity Friday as investors await the results of the latest reading of the personal consumption expenditure price index, a key inflation measure, and the Chicago Purchasing Managers' Index, both of which are coming out later this morning. The Dow Jones Industrial Average futures were up 0.04%, S&P 500 futures were rising 0.3%, and Nasdaq futures were moving 0.4% higher. Oil prices were on the rise, with front-month global benchmarks Brent crude and West Texas Intermediate crude gaining 0.3% and 0.4% respectively.Longby FXBANkthe80551
Us30 Incoming Buy setup!!Why i think US30 will have another leg up!! Look at the time horizon of the bigger picture we see clearly structure is being maintained to upside,on the Daily Timeframe!! As we break down to a lower timeframe, which gives us the direction of our potential move, we clearly see nice rejection on the 38.2 fib level also in confluence with the breakout which act as support now So if you combine the daily trend trajectory plus the H4 timeframe fib level, breakout retest. give us a nice risk to reward to upside H1 timeframe we see a nice buying momentum coming in!! Follow me for more simple breakdown!! Longby ShinForex16
Chaos!Risk is growing each week in stocks, months of hope that rates will be cut are nothing more than a mirage. This constant sideways action will resolve itself very soon, only a handful of stocks are supporting markets from collapse. We have spoken many times of some event that spooks the markets, we also warn that whatever eventuates, this will be a cover or blame game for their designer collapse. War is a likely candidate and the Russian/Ukrainian show will probably morph hot via a European incident before long...as in WW1 and WW2, they refused peace negotiations. The WEF or world economic forum who appear to run our world economically amongst other dictators, use the word "Chaos" in the next event or agenda. As we learn the truth about the so called pandemic and the so called "vaccines", as the truth spills slowly, we will have their distraction event no doubt. The coming chaos will cause wipe outs, bankruptcies and a new reset order down the line, the masses will beg for it...their portfolios, savings, pensions, properties all blowing up as the system implodes. This dictators agenda will be made to appear not their doing, when I say dictators, I mean the very people who control you and your country, they all work together. The world is a lie, propaganda via the MSM, indoctrination in the schools, its a control system to make you obedient, dumb you down and tax you...and make most Godless, the final drive is to make us soulless, A.I is touted as replacing us the most intelligent species on earth, I don't think so Mr Yuval Noah Harari who is an Israeli and WEF dictator. You are controlled in a prison matrix whether you believe it or not, your freedoms are disappearing each year, their final solution is very close. You can stand aside and do nothing, let evil triumph, or you can prepare mentally, physically and financially, you still have some time. Forewarned is forearmed, stop eating their toxic foods and drinks, cancer is soaring, lose weight and get fitter, you will feel great! Prepare your assets for a hurricane, our mantra is gold and silver, still cheap, silver is a steal..buy from reputable dealers as much as you feel comfortable, it's safe compared to any other asset....5000 years is proof. Our position is short, if not short, then add now...risk is very low. Gold and silver have weakened the past two months, perhaps softer yet...your chance to average in at bargain prices. Appreciate a thumbs up, God Bless and good trading! Shortby Fractal777113
DJI >> LongMost big-cap stocks in the American market are approaching their all-time highs. Therefore, the likely scenarios for the US stock market in this period are either consolidating around this level or breaking out strongly to the upsideLongby OhmJeerasak1
US 30 - Ranges overview Last trading day of Q2 for this year. Let’s see how we end the day and the quarter. As noted yesterday we were looking for the liquidity resting at 39225. IF we break above it and hold expect further pa to the HTF buyside liquidity. IF we fail to hold it and close back within the range expect us to retrace towards the HTF sellside. No need to front run the market and gamble your profits and hard work for the month. PATIENCE….PLAN AND EXECUTE As always it’s Friday…so don’t hesitate to reduce your position size. 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 advise in any form. by Patrick27071
US30 - 15m Buy scalpThe Dow Jones Industrial Average (US30) is currently on an upward trajectory, showing strong bullish momentum on the 15-minute chart. As it continues to rise, it is approaching a key resistance zone that has previously served as a turning point. Traders should watch this level closely, as the price may test and react to this resistance, potentially leading to a breakout or a consolidation phase. This anticipated rise towards the resistance zone signals a pivotal moment for US30's short-term direction, providing opportunities for strategic entries and exits based on price action around this area.Longby Sober_TradingUpdated 5
us30 long ideain this setup as you can see that all the timeframes are in bullish and market did the daily fib retracement also on 50 % market also make inverted head and shoulder with proper formation of HH on the daily fib level Longby Theresa2832
check the trend It is expected that the price will fluctuate in the current support range and then we will witness the start of an uptrend. If the price crosses the support range, the continuation of the downward trend is formed and it can advance up to the specified Fibonacci levelsby STPFOREX1
DJI Short on the 76% fib.DJI has been a bit weird, first lagging the other indices and then being stronger while they are weaker. We have a nice possible short setup here on the 76%. The short here could be supported even inside of a net bullish bias, with a potential retracement of the last rally. Things are very extended now. Prices can drop 20% even remaining inside of a typical correction of a bull trend. Shortby holeyprofitUpdated 2211