Get started
Dow Jones 30Dow Jones 30Dow Jones 30

Dow Jones 30

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

DJ30 trade ideas

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.
CAPITALCOM:US30
by DreamAnalysis
US30: Volatile Day Ahead with Key Levels in FocusUS30 Technical Analysis The price has reached our previously highlighted support level at 41,745, bouncing back toward resistance. Currently, as long as trading remains below 41,970, we anticipate a downward trajectory toward 41,750, with further decline potential to 41,560 if breached. Additionally, news events are adding pressure to the outlook. Bearish Scenario: Sustained trading below 41,970 may drive the price lower toward 41,750, and ultimately to 41,560. Bullish Scenario: A break above 42,130 could reinforce a bullish trend, pushing prices to 42,290 and potentially to 42,450. Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices. Key Levels: Pivot Point: 41970 Resistance Levels: 42130, 42290, 42450 Support Levels: 41750, 41560, 41350 Trend Outlook: - Bearish by stability below 41970 and 41740 - Bullish by stability above 42130 - Consolidation 41970 and 41750 previous idea:
OANDA:US30USDShort
by SroshMayi
US30 Trade Idea 29 Oct 2024 (Time Frame H1)The chart you've shared shows the Dow Jones Industrial Average (DJIA) on a 1-hour time frame. Here's a breakdown of the analysis, based on what I can see: Observations: Elliott Wave Count: The chart has Elliott Wave annotations, specifically identifying a correction pattern (labeled a, b, c) followed by a possible impulsive move (labeled i, ii, iii, iv, v). Fibonacci Retracement Levels: Multiple Fibonacci retracement levels are drawn, suggesting potential areas for price reversals. Key levels are marked at 0.236, 0.382, 0.5, 0.618, and 0.786. Projected Path: The white zig-zag line projects a possible upward trend following the completion of the current wave structure, with a target above the 0.5 or 0.618 retracement levels. Stochastic Oscillator: The oscillator below shows values near the oversold region, which could indicate that a reversal is near. Potential Trade Idea: Entry: Wait for a confirmation of the fifth wave completion (v) near the support zone or Fibonacci extension levels (like 1.23 or 1.618). If the price holds and begins to turn upwards, it could signal the start of an upward impulsive move. Target: Initial targets could be set at the Fibonacci retracement levels, such as 0.382 (42,413), 0.5 (42,393), or 0.618 (42,373). A stronger move could aim toward the higher Fibonacci levels. Stop-Loss: Place a stop-loss below the recent low, possibly below the 1.618 Fibonacci extension level (42,203), to limit downside risk. This analysis suggests a potential bullish reversal setup after wave completion. Make sure to monitor the price action for confirmation before entering a trade, and adjust risk management based on market conditions. Happy trading and trade wisely guys..
FX:US30Long
by mustaqim.mazuky
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?
DJ:DJI
by emanuelaelias
Bullish bounce off pullback support?Dow Jones (US30) is falling towards the pivot and could bounce to the pullback resistance. Pivot: 41,894.89 1st Support: 41,497.27 1st Resistance: 42,478.07 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.
ULong
by ICmarkets
DOW JONES Bottom is being formed. Buy for 44000 immediate TargetDow Jones (DJI) eventually made a bullish break-out on our last analysis (October 08, see chart below) and hit our 43200 invalidation Target: The 3-month Channel Up is still holding and the price is now on the 4H MA200 (orange trend-line) and near the bottom (Higher Lows trend-line) of the pattern. The 4H RSI has completed a bottoming sequence similar to the September 11 Higher Low. As long as the 1D MA50 (red trend-line) supports (closes 1D candles above), this will be a buy opportunity. Our Target is 44000, which is the 1.236 Fibonacci extension, similar with the previous Higher High. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US30Long
by TradingShot
US30 / Dow Jones Buys!!!Analysis Confirmation 1. Fibonacci Levels: I’ve marked the 0.618, 0.786, and 1.618 Fibonacci levels, which align well with potential reversal and target areas. The 0.618 level at approximately 42,327 acts as support, while the 0.786 level around 42,479 provides additional confirmation near the breakout point. 2. Descending Triangle Breakout: Your chart shows a descending triangle with the resistance trendline below the 42,500 area, indicating a potential breakout if the price can close above it. This pattern suggests bearish exhaustion, so a breakout above the trendline could initiate a bullish move. 3. Target Levels: You’ve set the 1.618 and 2.618 Fibonacci extension levels as potential targets, at approximately 42,884 and 43,374 respectively. These strong resistance zones give realistic take-profit levels if the breakout occurs. 4. Moving Averages and Support: The price is supported by the 200-period moving average (black line) and is currently testing the 50-period moving average (blue line). A break and hold above the 50-period moving average could signify bullish strength. Trade Description Entry: - Enter a buy position on a confirmed breakout above the 0.786 Fibonacci retracement level around 42,479. Look for a strong close above this level to confirm momentum. Stop Loss: - Set a stop loss below the 0.618 Fibonacci retracement level, around 42,340, to manage risk in case of a pullback or false breakout. Take Profit: - First target: 1.618 Fibonacci extension level around 42,884, which could serve as the initial resistance. - Second target: 2.618 Fibonacci extension level around 43,374, if bullish momentum continues. Risk Management: - Keep your risk per trade low, ideally around 1-2% of your account balance, especially if this is part of your account growth strategy.
BLACKBULL:US30Long
by Sthesh_Don_Billiato