US30 Market ViewPotential for a bullish pullback on the DOW Jones which could lead to a price movement towards the resistance level at 44200
US30 trade ideas
S&P500 & US30 Active DivergenceDivergence does not always have to be observed through the lens of a lagging indicator. Closes do provide powerful signals as to when a move is likely to reverse direction. They also allow us to enter with a smaller risk.
Lets first compare the previous swing lows marked out on both charts (dotted orange horizontal line) on the 20th Dec 2024. Zoom in on the white arrows! What do you see with the closes?
Now focus in on the S/R zone in purple. Notice that the block width is created from the highest high and the highest low of the same swing. These are very important inflection points from which to compare closes when observing divergence between both instruments.
Now observe the yellow arrows!! What do you see with the closes when comparing the S/R zone in purple?
Now look at the yellow UPWARD diagonal median line of both purple pitchforks . have they both touched the same median line? Yes or No? perhaps another line confirming divergence?
As an additional confirmation the market has touched the upper line of both light blue DOWNWARD pitchforks on both instruments with the current candle
Lets see if we get the reversal.
Cheers
watch he year and the sisterI have been watching price delivery to the upside Thursday not a nice trade but to the look of things the bias seems to be in tact so it just confirms losing days comes but the probabilities are endless with the bias on the side you plan to trade
US30 Dow Jones: Targeting Buy Setups at Fibonacci Golden Zone We are currently focusing on identifying potential buy setups for the US30 (Dow Jones) at the Fibonacci Golden Zone, which aligns with recent support levels. Our analysis suggests that if the price respects these key levels, there is a favorable opportunity to enter long positions with a target risk-reward ratio of 1:3. We are looking for confirmation of this setup, and if the market behaves according to the analysis, the trade should offer a balanced risk-to-reward opportunity.
US30, break and possible retestWith price bouncing within the support and resistance, there is clearly a break. Now that it "peaked", I expect a retrace back to previous resistance, before price pushes up. It falls within the .382 and .618 range with my FIB. It falls within a previously tested zone.
US30/DJI morning analysisTechnical analysis of US30/DJI.
Two bearish counts presented, both of which have an expanded flat corrective structure starting on 20 December 2024. Wave 5 of (c) in progress.
Fibonacci and measured move off low of 13 January 2025 included.
ATH at 45105.1 is key resistance.
DJ30 make or breakDow Jones (DJ30) is clearly at an inflection point.
Though resistance at zone around 43350
Though support at 4170.
European indices at all time high time morning noticeably DAX30.
Will the DOW follow ?
Arguably a difficult trade. We need momentum behind it .
US30 Will Go Down! Sell!
Here is our detailed technical review for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 43,233.41.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 42,564.96 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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US30 - What's Next?!You all remember my US30 which hit 'Take Profit' & secured us 8,800 PIPS (26% ROI)?👀 5 Wave Bullish Move Complete.
What's your current bias on US30 long term?
GET READY TO SELL US30 AT SUPPLY ZONE SMART MONEY CONCEPTHere on US30 price has for a supply around level of 43288.36 and now likely to go down more so trader should go for short and expect profit target of 42570.48 with stoploss of 43421.69 . Use money management
US30 - 15 min ( Sell Scalping After Break Targe Range 300 PIP )Introduction to US30 Analysis: This document aims to provide an insightful analysis of the US30 index, utilizing the 15-minute time frame to identify key breakout levels and bearish trends.
Key Level Identification: The primary focus is the critical breakout level at 43,110 points, which serves as an important indicator of market sentiment.
Market Sentiment: A bearish outlook is projected following the breach of the key level, corroborated by high trading volume, indicating a potential downward trend.
Trade Recommendations: Traders are advised to closely monitor price action around the identified key level to capitalize on potential short-selling opportunities.
Emphasis on Accuracy: Our analysis prioritizes precision over volume, ensuring that only the most accurate opportunities are conveyed to our clients.
Conclusion and Guidance: Continued vigilance and adherence to this analysis are recommended to navigate market movements effectively and maximize investment potential.
⚡️US30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish After Break Out key level + High Volume / 43110 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
Positive news means time to sellSentiments are high yet needs to find a new balance. Continuing 1:3 based on 1h engulfing resistance with ADX for entry confirmation
US30 Gain as Bank Earnings Impress Inflation Report in SpotlightFutures Rise on Strong Bank Earnings; Inflation Data in Focus
Strong quarterly earnings from major Wall Street banks lifted U.S. stock index futures on Wednesday, with investors eagerly awaiting a key inflation report due later in the day.
US30 Technical Analysis
The price has reached the resistance level at 42770 and is expected to consolidate between 42770 and 42590 until a breakout occurs. Volatility is anticipated during the CPI release:
If the CPI exceeds 2.9%, bearish pressure may drive the price down to 42380.
If the CPI comes in below 2.9%, bullish momentum could push the price toward 42930 and 43210.
Key Levels
Pivot Point: 42770
Resistance Levels: 42910, 43170, 43350
Support Levels: 42590, 42400, 42130
US30 - 15 min ( Sell Scalpng After Break Target Range 300 PIP ) In the context of US30 trading on the FXCM platform, a significant bearish breakout has been identified at the key level of 43,240 points on the 15-minute time frame. This analysis is underscored by high trading volume, indicating substantial market interest. Our approach prioritizes delivering precise opportunities and analyses, guided by qualitative insights rather than mere numerical data.
⚡️US30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish Break Out key level + High Volume / 43240 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
DJI - Testing Key Demand Zone – Potential Buy OpportunityThe DJI is currently trading near a key demand zone. This area aligns with previous price reactions, suggesting that buyers may step in to defend this level.
The market structure indicates a potential for a bullish reversal if the demand zone holds and price action confirms support. A successful bounce from this level could lead to a move toward the 42,812.75 level, which represents a logical target for this setup.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks, or a breakout above short-term resistance. This setup aligns with the idea of a trend continuation from support and offers a potential opportunity for a long position.
What are your thoughts on this analysis? Let me know if you agree with this setup or have alternative insights to share! Feel free to comment below!
US30 Trade Scenario's and Analysis (14.01.2024)CORE PPI m/m (FORECAST 0.2%) & PPI m/m (FORECAST 0.4%) 15:30
⦁ Higher then expected signals inflation pressure. (Bearish)
⦁ Lower then expected signals a ease in inflation.(Bullish)
Lower readings reduces inflation pressure on the economy, Which generally means BULLISH, however as i explained about INITIAL MARKET MOVERS can have a volatile effect to find a clear Trend to the Market before Reacting to the Data Readings.
BULLISH SCENARIO.
A Pullback with a Rejection around 42150- 42055 can confirm the Bullish. After a clear retest around those Zones Take entries with a SL at 42000.
EXECUTING TRADES.
A Strong bounce at 42055 and holding strongly above with no break below.
Take BUY entries once the Confirmation Candle enter the Zones between 42125 - 42150 With a SL at 42055.
A Continuous Push above 42250 - 42375 and holding above it can simply just continue Bullish, Automatically turning the resistance to support. Which will then be the POI for another BUY Entry. IF it breaks above those Zones and trades above 42250 with no breaks below.
Take entries once the confirmation Candle enter 42325 - 42350 With a SL at 42250.
BEARISH SCENARIO.
A Strong break through 42055 and trading below with rejections. Can continue Bearish to Either test Support at 41775 or continue to the Weekly support at 41435
EXECUTING TRADES.
Take SELL entries once Rejection Candle enters 42000 - 41975 With a SL at 42055.
A break below 41775 - 41700 will then also be a POI for another Sell entry. I Will monitor price action if it does reach those levels.
FOR NOW FOCUS ON THE REJECTION FOR BUY ENTRIES AS THERE WAS ALREADY A BREAK THROUGH THE TRENDLINE LAST NIGHT. AS LONG AS IT TRADES ABOVE THE TRENDLINE AND HOLDS ABOVE 42055.
ONLY IF PRICE BREAKS BELOW THAT TRENDLINE AGAIN AND HOLDS BELOW 42055 I WILL LOOK AT FOR SELL ENTRIES.
Reality Check!Long gone are economic data which should be bullish for stock markets and instead have become bearish, yesterday's jobs number was too strong, lesser chance of rate cuts this year...it's all about the debt and managing this enormous pile of borrowing binge...the reality check is approaching fast.
The Fed has of course trapped itself, buying of all securities for many years to suppress interest rates artificially....keeping the party and economic spending swinging far too long. Their unwinding of assets is increasing, causing long term rates to rise...no meaningful cuts will eventuate until markets crash or collapse...economic chaos.
Friday saw the selloff that was coming, confidence is high that 40K will be the next target...we sell the rallies.
What took months to rally, can be taken out in a few weeks...there is no bait to buy this market...hold short.
We are likely in the early throes of a wave 3 down, serious selling will come...late bulls will attempt to slow the decline and believe in a bargain.
Gold is extremely close to confirming a solid buy signal confirmation, if gold can rise and close higher on Monday, that is your green light for a strong move upwards in the early stages.
Whatever reasoning you read or hear about gold rise, ignore it and just buy the precious metals, silver is grossly undervalued.
Debt is the calamity that implodes gold into the sky...Bitcoin's bull run looks tired for now, a rotation back into PM's.
Summing up: hold short the Dow, buy gold!
Appreciate a thumbs, good trading and God Bless you all!
US30 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 42900 zone, Dow Jones was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area 42900 support and resistance zone.
Trade safe, Joe.
US30 LIQUIDITYUS30 downtrend line and liquidity grab before continuing the bearish trend .
Good LUck
DJI DOW JOUNS- The Dow Jones Industrial Average
trade 656 points high, or 1.5%. S&P 500
climbed 1.7%, and the Nasdaq Composite upside
rallied 2.2%.
[It seems like the markets are responding positively to recent economic data and more strong earnings reports from major U.S. bank
US30 Short (Swing Trade)US30 is retracing to a key area left behind by a high-volume candle. The area lines with my normal entry zone of the 50% and 61.8% retracement zone.
US30 I Bullish continuation but opportunity for pullbackWelcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
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