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.
DJ30 trade ideas
0.01 Trading AcademyJust focusing on the basics, price is technically still in an uptrend. Therefore I am looking for opportunities to buy around 44500 and perhaps go long till we break above the HH. Therefore TP is around 45000 and if you're feeling ambitious, hold till 45500.
US30 (POTENTIAL BREAKOUT AND RETRACEMENT LEVELS)HELLO EVERYONE
US30 Technical Analysis
The price is trading within an ascending channel above the support level of 44,470, indicating a potential rise toward the resistance level of 44,790. If this resistance is surpassed, the price may reach the previous high, and upon breaking that level, a new high of 45,500 could be attained. Additionally, there is a possibility of a pullback upon testing the resistance at 44,790, which may drive the price back toward the support level of 44,470 or the lower boundary of the channel before resuming its upward movement.
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
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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
Dow jons ScenarioBased on our analysis, there is a high probability that Dow jones may enter a bearish trend in the near future.
US30 Struggles at Resistance – Stop Hunt Incoming?US30 is making a second attempt at the upper trendline but is struggling to break through. A stop hunt at the micro double bottom seems likely, with the channel trendline expected to hold, leading to a push toward new highs. The daily chart suggests a corrective phase following an impulsive move—indicating that the next leg could be strong and decisive. Will the bulls take control? Stay tuned for the next move!
What Are Ya'll Thoughts On The Coming Week For #US30 - DOW JONESDescribe Your Opinion On Your Direction Based Off The ANALYSIS Above.
US30 Will Go Higher From Support! Buy!
Here is our detailed technical review for US30.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant resistance area 44,532.9.
Considering the today's price action, probabilities will be high to see a movement to 45,324.8.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Dow Jones - channel breakoutThe price broke out of the ascending channel. I think it will continue it's downward movement after the channel bottom retest.
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.
US30 Technical Analysis: Potential Decline Towards 44,182In this detailed market analysis provided by Brokerir, the US30 index has recently exhibited a strong bullish trend but is now showing signs of exhaustion, with price action suggesting a potential retracement. Utilizing technical indicators and key support/resistance levels, we anticipate a potential decline in price from the 44,600 level toward 44,378 and ultimately 44,182.
Market Structure & Price Action
• The price is currently trading at 44,585, showing initial signs of rejection from the 44,600 resistance zone.
• The market structure indicates a lower high formation, suggesting a weakening bullish trend.
• A break below 44,585 would confirm further downside pressure, targeting the next support zones.
Key Support & Resistance Levels
Level Type Expected Reaction
44,600 Resistance Price rejection & potential pullback
44,378 Support Short-term reaction, potential consolidation
44,182 Major Support Critical level, potential trend shift
If price breaches 44,378, the probability of reaching 44,182 increases significantly, given the lack of strong liquidity zones between these levels.
Technical Indicator Analysis
MACD (Moving Average Convergence Divergence)
• The MACD histogram is turning bearish, with decreasing momentum towards the zero line.
• The MACD line is crossing downward below the signal line, further confirming bearish sentiment.
• If this bearish divergence persists, price action is likely to follow with increasing sell pressure.
Volume & Liquidity Considerations
• Current trading volume is declining at resistance, indicating a lack of strong buying interest.
• If selling pressure intensifies, we could see an acceleration in downward movement once key levels are breached.
Conclusion & Trade Outlook
Given the technical factors at play:
• A confirmed break below 44,585 would signal further downside movement.
• The 44,378 level is expected to provide some short-term support; however, if price breaks below this zone, a retest of 44,182 becomes highly probable.
• The MACD trend shift supports this bearish outlook, reinforcing the expectation of further downside.
Brokerir will continue monitoring price action for confirmations before committing to a definitive bearish scenario. It is crucial to observe how the market reacts at key support levels to validate further movements.
US30 | Holding Support – Ready for the Next Leg Up?📊 US30 (Dow Jones) – Technical Analysis (4H Chart)
🔹 Market Outlook:
Price is trading within an ascending channel, indicating a bullish bias while above key support levels.
The pivot zone at 44,404 is acting as a critical level to maintain bullish momentum.
A break above 44,756 - 44,926 will confirm further upside potential.
🔥 Bullish Scenario:
✅ As long as price holds above 44,404 - 44,570 → Bullish trend remains intact!
📌 Targets:
📍 44,756 (first resistance)
📍 44,926 (next key resistance)
📍 45,099 - 45,323 (major resistance zone & ATH area)
⚠️ Bearish Scenario:
❌ A 4H close below 44,404 could trigger a deeper correction.
📌 Support Targets:
📍 44,260 (first support zone)
📍 43,910 (strong demand area)
📍 Below 43,763 = deeper pullback likely
🔑 Key Levels:
📍 Pivot Zone: 44,404 - 44,570
📍 Resistance: 44,756 | 44,926 | 45,099 - 45,323
📍 Support: 44,404 | 44,260 | 43,910
📌 Conclusion:
✅ Bullish momentum holds above 44,404, targeting 44,756+.
🚀 Break above 44,926 will open the door for a test of 45,099 - 45,323.
⚠️ Drop below 44,404 = possible correction to 44,260 - 43,910.
💬 Do you think we push to new highs or see a pullback first? Drop your thoughts! 👇🔥
US30 SELL ANALYSIS SMART MONEY CONCEPT Here on Us30 price form a supply around zone of 44778.35 and likely to continue going down so trader should go for short with expect profit target of 43652.46 and 42231.51 . Use money management
US30 is consolidating at resistance levels Pt 2Waiting for price to decline again at supply before going short
And a breakout of our current support level can also push price lower towards demand levels.
US30 LongsLike i said on my previous idea i shared yesterday that US30 is bullish and we might see it go back to the 45.000 demand area.
US30 is consolidating at resistance levelsPrice is moving in an ascending price channel on the bigger time intervals
Price is also currently consolidating between our supply and demand areas
Waiting for price to decline again at supply before going short
And a breakout of our current support level can also push price lower towards demand levels.
DOW JONES INDEX (US30): Intraday Bullish Continuation
Dow Jones Index violated a resistance line of a narrow
consolidation range on a 4H time frame.
Probabilities are high that the market will continue growing.
Next resistance - 44820
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