US30 trade ideas
Dow Jones break wedge pattern Dow jones break Wedge pattern but it still above demand zone and up trend
Demand zone between (42649.00:42773.00) if it still above this demand zone i think it will go up again to reach 43037.00 then 43350.00.
in the other side if demand zone has been broken and closed under daily candle it i think we may see correction up to 42390.00 then 41860.00.
Us Wall St 30 forecast by Elliott The potential target and timing of the third wave have been drawn using two tools: Fibonacci Extension and Fibonacci Time. According to this analysis, within the next two weeks, we can expect it to rise up to 44,000.
The increase in corporate profits help the stock indices to riseBy examining the trend in the four-hour time frame, the Dow Jones index has the important support of the bottom of the ascending channel in the range of 42747, and if it is maintained, there is a possibility that the price will rise towards the resistance of the ceiling of the ascending channel in the range of 44893.
US30- bias long Bullish indications:
Major support respected.
Bullish engulfer candle from support.
Bullish divergence.
Resistance broken at 42820
Expecting a retracement at 42791
Trend line resistance is broken.
pair moved upwards above the MA
Trade plan bias long @ 42796
SL:42703
TP1:42878
TP2:42950
US30 a posibile bullish reversalThe chart analysis suggests that the US30 is at a critical phase, with the price testing an important support zone. The possibilities at this point are:
Probable Bearish Continuation: If the support at 42,700 fails, a continuation of the bearish movement is very likely, with targets toward 42,500 and 42,350.
Short-term Rebound: If the price manages to hold the current support and break through the dynamic resistance, a rebound toward 43,037 and 43,280 could occur, although this option requires a significant increase in buying pressure.
Second Entry for US30 BuyGuys keep holding second entry and close when it gets to the first entry... You can hold some with BREAKEVEN.
Enjoy mighty profit
Another Buy Opportunity on the Dow / US30This is a simple but effective approach for me that I have been using to trade US30 for some time now.
This is a top down analysis from weekly all the way to 15M.
Everything is bullish so I will never be selling this pair. That's why I am looking for a dip or pullback of this pair going to my buy zones.
I have 3 possible buy zones because we will never know where price will reverse.
So I am setting my alerts on these zones for me to be ready once it triggers.
I will update this idea again once price visited the zone for a possible 5M TF entry to get a better risk reward and targeting the All-time high or even higher if we get a very strong momentum since we have a red news later on New York session therefore we will have possible more volume coming in for this market.
US30 Idea ContinuationFrom last weeks sell idea, it seemed to respecty the consolidation area. With reaspect to the charting will be including wicks to ensure a larger more accurate supply/demand zone.
Overall bullish with making more highs but expecting a mild consolidation
US30 short on retracement The Dow has been bullish for the past four weeks and a slight pullback to the 42728 psychological level is probable before it resumes to trend.
DOW/US30 - GOOD TIME TO SHORTTeam, we are shorting the DOW at 43315-43345
STOP LOSS at 43465
target at 43265-55
target at 43195-83205
target at 43112-25
Once the Price hits the first target, BRING stop loss to BE. Ensure take 60-70% profit .
Dow Jones (US30) - Elliott Wave Count5th wave seems to be finished as an ending diagonal. We can expect price to fall sharply anytime soon now.
US30 10/21/24💡
🔍 5hr time frame: Price is currently over extended.
Bias: Neutral, waiting for price to correct into the 10/20emas.
US30 SELL ANALYSIS DOUBLE TOP PATTERNHere on Us30 price form double top and try to go move down so if line 43065.7 break so there is a chance of moving more down so trader should look for SHORT with expected profit target of 42936.5 and 42777.4 . Use money management
20.10.24The bulls had once more ouut weighted the bears with both markets creating new all time highs and now are both at the same time both officially closed out of Septembers high.
For once it is set to be a quiet week on the economic calendar for US but there are reports due on both existing and new home sales, also reports durable goods orders, consumer sentiment and initial jobless claims.
Tesla will be the first of the Magnificent Seven tech companies to report as corporate earnings and also semicondutor earnings.
US30: After price pushed passed 42654.0 the previous week, price retraced back into weekly range past some sell side liquidity the pushed past highs at 43191.21 to create new all time highs. I will like to see price begin to trade past 43338.89 but I would like to see how price reacts mid week and if price will begin to lose strength.
GER40: After the previous week being bullish, price continuied to push higher passed old high 19500.4 and passed previous months highs. I will like to see price push past 19679.3, but also I will like to see if price loses strength mid week also
"US30 Powers Ahead, Unstoppable in Its Bullish Climb""US30 Accelerates in a Well-Defined Bullish Movement: Breaking Barriers and Eyeing New Heights
Following an impressive breakout from the consolidative triangle pattern near the 42,300 mark, the US30 has embarked on a robust and sustained bullish journey, capturing the attention of market participants. This pivotal breakout served as the ignition point for a powerful upward momentum that continues to strengthen with each passing day, reflecting a broader confidence in economic resilience and corporate earnings.
One of the critical areas that traders and analysts had their eyes on was the strong resistance zone around 42,600. This level was not just any ordinary resistance—it was a psychological barrier, aligning closely with the all-time high price for the index. The significance of this level cannot be overstated; it represents a critical test of market sentiment and resilience. As expected, US30 encountered some friction as it approached this level, with price action initially stalling, indicating the presence of considerable selling pressure.
However, once the index successfully breached the 42,600 threshold, the bullish narrative took on an even more compelling dimension. The breakthrough above this resistance zone signaled a shift in market dynamics, with bulls gaining greater control and propelling the index higher. What’s particularly notable about this rally is the methodical nature of the price movement—US30 has been climbing steadily, with no sharp corrections or erratic volatility, indicating strong market support and a solid base for further gains.
As the price ascends beyond the 42,600 region, all eyes are now on the next key level: 43,180. A decisive move above this level could act as the next catalyst for an even steeper bullish ascent, potentially opening the door for the index to explore uncharted territory and set fresh record highs. Traders are closely monitoring this zone, as a breakout above 43,180 would likely signal another round of intensified buying pressure and solidify US30's position in a long-term uptrend.
In summary, US30 is exhibiting a textbook bullish movement, characterized by its breakout from a major technical pattern, the overcoming of a key resistance level, and a slow yet consistent rise in price. With the market sentiment favoring continued gains, any sustained move above 43,180 could lead to even greater bullish potential, pushing the index into new heights previously thought unattainable. As market participants remain on high alert for further developments, it’s clear that US30's current momentum shows no signs of slowing down anytime soon."
US30 volatility during the presidential election nightI just found something interesting to share with you. The events that happened on Election Day, November 8, 2016, and in the early hours of the day after were so significant. The group that dumped and pumped assets during that time also bought the COVID crash lows, when everyone thought the world was ending, and then defended their positions. Wow, I mean, who is this group? Just be careful. Even if Trump wins big, I think the volatility will be intense, especially for Bitcoin. I believe it will hit a new all-time high (ATH) and then dump hard.
DJIDJI it is trying to go for those zones which may offer strong resistance are the targets.started going up having taken support is previous day low.
US30_reversal-only-at-43750so looking at US30, from a zoom'd out view, and where price came from i will onloy start to look at proper pull back below 43 750
this is my analysis of the reversal / pull back level for US30, coming towards the end of Oct / last week of Oct, right in time of the US elections, first week in Nov
Lets see how this play
US30
Price still Bullish, Could potentially retrace to the 50%-61.* zone or the 78% zone. Keep a look out
US30 Great Long ROI TRADE: Must See Good Morning, Trading Family
I wanted to point out a great trading opportunity with some solid ROI potential. US30 held that 43,078 level like a champ, and now it’s making a push toward the 43,468 zone. If we can break through that resistance, the next logical stop is up at 43,605. It’s looking like the bulls have the upper hand right now, and if you catch this move, there’s a sweet reward on the table.
What I really like about this setup is the risk feels pretty manageable. We’re sitting near the lower part of the channel, so if it goes sideways, you’re not too exposed. But if it does what it looks like it’s ready to do, there’s some solid upside waiting. These are the kind of setups I love — clean structure, clear targets, and room for a smooth move.
Right now, it’s all about watching how it reacts around 43,468. If we break that level with volume, the path toward 43,605 becomes a lot clearer. That’s the spot where I'd start scaling out some profits, but if momentum keeps rolling, there could be even more on the horizon.
If this helps you out, make sure to follow, boost, and share with anyone else who could use it. Let’s grow this trading community together and keep finding setups with that sweet risk-to-reward edge. Stay sharp and trade smart, family.
Mindbloome Trader
