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US30 trade ideas

Signs of Selling Pressure (Absorption of Buys at Highs)🧠 Quick Terminology Refresher: Absorption = Large volume hitting the book with little price movement (strong limit orders halting progress). Exhaustion = Declining volume near highs/lows, indicating a potential reversal or lack of continuation. Delta = Net buying/selling pressure (positive = aggressive buyers, negative = aggressive sellers). Imbalance zones = Strong activity favoring one side of the market — high-probability interest areas. 🔎 Breakdown of Key Zones (Right Side of the Chart – May 20–21): 🔴 Signs of Selling Pressure (Absorption of Buys at Highs) May 20 Candle: Delta: -1.37K on 80.27K volume = net sellers present. Upper wick shows buy volume at the highs being absorbed by resting sell orders. Price fails to close above 42,300, the same level it touched multiple times (look left), reinforcing it as resistance. The cluster of buying at the highs followed by price dropping suggests buying exhaustion + absorption by sellers. 🔻 May 21 Candle (Early): Delta: -387 on low volume (21.68K) — early in the session. Low delta but presence of symmetric buy/sell volume suggests a balance day or low conviction. However, failure to break back above the previous POC zone (around 42,200–42,300) + no aggressive buying continuation = bearish bias. 🔵 Prior Bullish Activity (May 15–19): May 15: Strong positive delta (+3.84K) with 99.68K total volume — clear initiative buy pressure. May 16–19: Successive candles show diminishing delta and heavy total volume with: Imbalance blocks shifting down. Lower highs and failed follow-through after May 15 = exhaustion of buyers. Especially May 19: delta of -1.14K, and large wick + failed upside = absorbed buys, followed by rejection. 🧱 High-Volume Nodes (Support/Resistance): Resistance Zone: 42,270–42,300 Multiple failed closes above, heavy sell volume absorbed buyers. Support Zone: 42,000–42,100 Yellow highlight zone — recent volume nodes + last remaining absorption candle May 14–15. But current candles are testing this zone, and not bouncing with strength. 📉 Conclusion: Sell Bias Based on Footprint Behavior ✅ Reasons to Lean Bearish / Sell: Absorption at highs (May 19–20). Exhaustion of buying delta after May 15–16. Lower highs and lower volume follow-through. Price failing at POC/resistance zones (42,300) repeatedly. No new aggressive buying footprints in current bars. ⚠️ Not a Blind Sell – Wait For: Break and hold below 42,100, ideally confirmed by: Negative delta + rising total volume. Sell imbalances near lower levels. Signs of no strong passive buyer absorption at 42,000. 🛠 Suggested Strategy: 📉 Short Bias: Target zone: 41,850–41,900 📈 If price reclaims 42,300 with positive delta spike, exit shorts or flip long (failed breakdown = trap). 🎯 Watch Volume Profile: Large nodes mean congestion — avoid taking new trades in the middle of these zones.
BLACKBULL:US30Short
by PIPSPHERE_NETWORK
Dow Jones INTRADAY supported at 41900Geopolitical Risk: Oil prices spiked after CNN reported Israel may strike Iran’s nuclear sites, increasing market uncertainty. No final decision confirmed yet. Rising geopolitical tension could weigh on risk sentiment and equities. Safe-Haven Moves: The Swiss franc and Japanese yen strengthened as investors moved to safety. Reflects cautious tone in global markets, possibly limiting upside for equities. Morgan Stanley View: Strategists recommend “Buy America” – but not the US dollar, hinting at confidence in US assets (e.g., stocks), while expecting further USD weakness. Bond Market Shift: Traders expect long-term US bond yields to rise, which could pressure tech and growth stocks in equity indexes like the Nasdaq. UK Inflation Watch: UK inflation data expected to tick higher — adding to global inflation and rate hike concerns, which may influence market mood. Trading Outlook: US equity indexes may open mixed to cautious. Geopolitical risks and rising yields could create headwinds, especially for rate-sensitive sectors. Watch for oil-driven inflation fears, bond yield movements, and shifts in safe-haven flows. Key Support and Resistance Levels Resistance Level 1: 42950 Resistance Level 2: 43370 Resistance Level 3: 43630 Support Level 1: 41900 Support Level 2: 41500 Support Level 3: 41200 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.
TRADENATION:US30
by TradeNation
US30 May 21 If athletes get athlete's foot, what do elves get? Mistle-toes. Now let's get to it. Before heading into the trade, I am definitely bullish. Price seems to be making a retracement before it pushes back up. I have given myself 3 potential entry points. But I am only going to enter them if: Price makes market structure Price breaks and retests through a key level/ entry point If it bounces off of the trend line Or a break of structure And all of this, for me has to happen around 12pm est because I like to trade the afternoon session. But like a stallion price is going to do whatever it wants. Stay safe and be patient
BLACKBULL:US30Long
by Masked_Gem
US30 - Potential Sell (Day Trading)Hi Traders, We might be in a short term SELL on $CMCMARKETS:US30. Price Action Analysis: 4hr Chart: Price is now in sellers' territory and has approached this level with noticeable struggle. This hesitation makes me wonder if buyers are losing interest and if a potential discount (sell-off) is on the way. 1hr chart: Price still looking bullish. In order to see if the price will fall we will need to monitor it Lower timeframe: Timing for entry Good Luck! STUDY, STUDY, STUDY. Lorenzo Tarati :)
CMCMARKETS:US30Short
by tarati.lorenzo
DOW JONES new Bull Cycle has started.Dow Jones / US30 has now crossed above its 1week MA50 and has restored the long term bullish trend. That trend was in risk of getting invalidated but last month's rebound at the bottom of the long term Channel Up and holding Support A, kickstarted the new Bull Cycle. Every Support A rebound inside this Channel Up technically started a new Bull Cycle. The less aggressive of those was +57.76%. This is where long term investors buy and target 57700. Previous chart: Follow us, like the idea and leave a comment below!!
TVC:DJILong
by TheCryptagon
Bullish continuation?Dow Jones (DJ30) is falling towards the support level which is an overlap support and could bounce from this level to our take profit. Entry: 42,431.21 Why we like it: There is an overlap support level. Stop loss: 41,768.34 Why we like it: There is a pullback support level. Take profit: 43,934.49 Why we like it: There is a pullback resistance level Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:DJ30Long
by VantageMarkets
Dow in relief until MayYesterday's historic bounce reacted a little to perfectly to the monthly trend-line pictured. Whether coincidence or not, this break in momentum will likely provide an interim bottom to the downtrend and give us a few weeks of reprieve before continuing with the bear market. $37,000 the level to watch. My outlook is generally still flat although it is useful to remember that the biggest pumps happen during a bear cycle. We also have a full blown trade war on our hands so keep risk tight and trade with caution.
TVC:DJI
by RMStockTrader
US30 Breakdown May 19thWhy shouldn't you write with a broken pen? Because it's pointless. Just like your life if you don't stay focused on your purpose. Ok let's get to work! Price is on a beautiful uptrend and right now it's on a retracement down to 42650 area. I believe price will continue to push up to the 42870 Level. How I'll enter I am going to wait for price to get down to the 42650 level Wait for a break of structure as confirmation for a buy (on a 1min) Then Buy But like my ex, price does whatever it wants, so be careful and always wait for a break and retest or a break of structure near the key areas. Have fun. And trade responsibly
BLACKBULL:US30Long
by Masked_Gem
DOW JONES: Looks to extend gains to 43,500Dow Jone remains bullish on its 1D technical outlook (RSI = 62.492, MACD = 410.840, ADX = 32.007) as it maintains the medium term bullish trend inside its 1 month Channel Up. Since the index kept the 4H MA50 intact, it established it as its Support and is now halfway on the new bullish wave. The 2 prior rose by +4.30%, which gives a clear technical target (TP = 43,500)for the next HH. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Long
by InvestingScope
US30 – Supply Zone Hit & Rejection | Is the Rally Over?US30 has just tapped a strong supply zone around 42,752, followed by immediate rejection. With price sitting at a critical turning point, here’s how I’m preparing to trade the Dow this week. --- Chart Breakdown: 1. Supply Zone (42,600 - 42,800): Price aggressively entered this area and got rejected fast. Historically, this zone has caused sharp moves down, and the reaction today aligns with that pattern. 2. Key Support (42,288.87): Watch this level closely. A clean break and retest below here would confirm bearish momentum, potentially triggering a selloff. 3. Demand Zone (41,767 - 41,900): This orange zone has previously fueled strong bullish rallies. If price dips back here, look for a bounce or bullish confirmation setup. --- Bearish Plan (Short Bias): Entry: Break + retest of 42,288 TP1: 42,012 TP2: 41,767 SL: Above 42,800 (supply high) Bullish Alternative: If price holds above 42,288 and forms a higher low, a retest of the 42,750s could be in play. But for now, the supply reaction suggests caution. --- What to Watch: US economic data (jobless claims, inflation) FOMC or Fed speakers Risk sentiment shifts (S&P/Nasdaq correlation) --- Your Take? Do you think this was a false breakout or the start of a deeper pullback? Comment your setup or target below! --- #US30 #DowJones #SupplyAndDemand #PriceAction #SmartMoneyConcepts #IndicesTrading #TradingView #US30Forecast
FX:US30Short
by FrankFx14
DOW - H&S is getting progressed. 📉 DOW JONES – Head & Shoulders Pattern Formation (Right Shoulder in Progress) The chart illustrates a clear Head & Shoulders (H&S) pattern, a classic bearish reversal signal, forming on the higher timeframe. 🧠 Pattern Breakdown: Left Shoulder: Formed in early March. Head: Sharp dip and recovery formed during early April. Right Shoulder: Currently in the making, aligning with a weekly resistance near 42,880 levels. Price is expected to reject this resistance and complete the right shoulder. 📌 Technical View: Strong rejection expected near the weekly horizontal resistance. If the right shoulder completes and breaks below the neckline (around 41,500–41,600), it may trigger a measured fall. Fibonacci levels also align, with the 0.382 and 0.5 retracement acting as potential reaction zones. 🎯 Target: Target: 40,900 levels (Right Shoulder support zone). This is a confluence zone where buyers may reappear. Also forms a neckline test, critical for breakout confirmation or reversal. 🔔 Trade Setup Insight: Short bias activated near 42,880 resistance zone. Watch for confirmation via bearish engulfing candles or lower time frame breakdowns. Targeting 40,900 initially. Further downside possible if neckline breaks decisively. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute investment advice or a recommendation. All trading involves risk. Please perform your own due diligence or consult a certified financial advisor before making trading decisions.
TVC:DJIShort
by shiva560060