[Bearish] SPX and DJI formed rising wedgesBoth OANDA:SPX500USD and TVC:DJI have formed rising wedge pattern which is bearish in nature. If they breakdown from this structure then we should see around 10% fall from current levels. More details in the video.Short04:16by YetAnotherTA113
US30 Follow Up...We had a re-entry on US30 that got stopped, but the initial trade tested our patience but it's still going well... If you held it till now, big ups!!!Longby WavedepthsAcademy334
US30 Might fall to 42,570 before flying againUS30 Might fall to 42,570 before flying again to around 43000 next week. Wait for the pull back before buying. As you can see, all time chart for US30 is buy... Enjoy your profit.Longby SwiftTradr332
DOW/US30 - TIME TO SHORT THE DOWTime to short DOW at 42662, stop loss at 42725 target at 42550 target at 42446 thank youShortby ActiveTraderRoom443
MARKETS TO TOP OUT SOON (MEDIUM TERM TOP)The growth sequence of DJIA for over a 100 year has been consistent along the celebrated Phi expanding from 28.66 price level through 1.0, 1.618, 2.618... to the 2020 crash top. The 1896 bottom to 1973 top produced 1038.54 points advance with 1/Phi at 1929 top. From 1973 top to 1987 top was a 1679.50 points advance (1679.50 / 1038.54) = 1.6172 ratio From 1987 top to 2020 crash top into a log scale gives (26821.89/10) = 2682.189 points Compared to the 1973 - 1987 advance we have: (2682.189 / 1679.50) = 1.59702 The progression produces a sequence (1038.54 - 1679.50 - 2682.19) in progression of 1.618 The bottoms formed from these tops also follow an expanding sequence Indicating only the expansion ratios we see a clear progression for both the primary tops and bottoms that follow and where they end. The next expansion suggests two uncharted tops as subdivision for the primary top... Check back or follow for updates as we discuss the top ahead, trade safe.by Fairmont-Markets5
US30 SELLIm in a sell on US30. My confluences are the following: Market is currently at daily, 4h, & 1hr resistance - Showing signs of buyers exhaustion on 1 min tm - 5 min, & 3 min RSI above 70 - Currently anticipating a higher low on 15 min tm to form in Asian or London session -FVG still needs to be revisited at 42400 - Last but not least, 4 years worth of traders intuition tells me its a SellShortby The8thWonderTrader1
US30: Bullish Continuation After Support RetestHello, The US30 has aligned with our expectations from the previous analysis. There's potential for a bearish retest of support, possibly towards the 1M pivot point or even a full test of the 1M support structure. While the trend remains strongly bullish, we anticipate a continuation of the upward momentum in the long term, but only after these support tests. TradeWithTheTrend3344 by TradeWithTheTrend33441
US30 Pull BackMainly focusing on an overall bullish trend, looking for sells into after hours into liquidity areas Shortby Dekab1
Recap of NY Session with Silver shortAfter huge moves yesterday i expected a tricky day and did not trust the classic setups too much. Overall Metal were bearish and US Indices bullish, CPI wicked both sides and took liquidity off many charts also as sign of caution, so i again waited patiently into 3rd hour... Then H1 time ration gave a nice reversal scalp on silver, that made my day. One and done.08:19by TC8880
US30 PROJECTION We have two possible movements on us30 either we will have a correction back down to before an impulsive move to the upside or we will break the M15 trendline and retest it and have an impulsive move upward.Longby flyboy_fx1
US30, Futures Flat Ahead of Fed Minutes; Alphabet SlipsFutures flat with Fed minutes, inflation data in focus; Alphabet dips Technical Outlook: the direction is uptrend for today as long as trades above 42080 to get 42210 and 42300 and then should close 4h candle above 42300 to touch 42450 for the bearish scenario till 41960 and 41770 should break 42080 by closing 1h or 4h candle under 42080 Key Levels: Pivot Point: 42080 Resistance Levels: 42210, 42300, 42450 Support Levels: 41960, 41770, 41570 Trend Outlook: Bearish By breaking 42080 and 41960 Bullish by stability above 42090 Longby SroshMayiUpdated 116
Is the Dow's Relentless Rise a Harbinger of Future Fortune or a In an era of unprecedented market dynamics, the Dow Jones Industrial Average (DJIA) has embarked on a journey of remarkable consistency, painting a picture of resilience that challenges historical norms. With a win rate approaching 61% over the past 250 trading days and impressive gains across multiple time frames, the Dow's current momentum stands as a testament to the market's enduring strength. This rare confluence of positive indicators places the present rally in the top echelons of market performances since 1900, excluding the tech bubble of 1995-2000. Yet, as investors and analysts alike ponder the implications of this historic run, a question emerges: Does this exceptional momentum presage a continuation of bullish trends, or does it signal the approach of a market inflection point? Historical precedents offer a nuanced perspective, suggesting the potential for continued short-term gains while hinting at the possibility of increased volatility or stagnation in the longer term. The market's ability to sustain this momentum may hinge on factors as diverse as global economic conditions and the transformative potential of emerging technologies like artificial intelligence. As we stand at this crossroads of market history, investors are challenged to look beyond the surface-level exuberance and delve deeper into the complexities of market cycles and technological revolutions. The Dow's current trajectory invites us to consider not just the immediate opportunities but also the broader implications for portfolio strategies and risk management in an ever-evolving financial landscape. In navigating these uncharted waters, wisdom lies in balancing optimism with prudence, recognizing that in the dance of market forces, momentum is but one partner in a complex choreography of factors shaping our financial future.Longby signalmastermind222
US30POSSIBLE BULLISH PUSHBULLS seem to be applying more pressure overshadowing the buyers, this maybe due to the sell coming for CPI. We wait and seeLongby Themba_PM0
Correction Expected Before Bullish MomentumOur technical analysis suggests that US30 is due for a corrective move before resuming its bullish trend. We anticipate a pullback to the previous low, where we'll look to buy on the retest.Longby flyboy_fx226
Correction Expected Before Bullish MomentumOur technical analysis suggests that US30 is due for a corrective move before resuming its bullish trend. We anticipate a pullback to the previous low, where we'll look to buy on the retest.Longby flyboy_fx3
DOW/US3- PREPARE TO SHORT ONLY WHEN IT FALL INTO THOSE PRICETeam, I prepare for the DOW tonight, ensure only SHORT when the price reach at 42516-42497, STOP LOSS at 42625 Target 1 at 42409-42012 - BRING STOP LOSS to BE once target Target 2 at 42312 Target 3 at 42150 ONLY short when they are falling to that price onlyShortby ActiveTraderRoom10
US30 SELL - We have approached all time high area -Market is currently overbought after its 700 pip rise over the last 12 hours -1 min timeframe starting to show signs of buyers exhaustion -FVG needs to be revisited at 43435 -RSI on 30min, 1hr, & 4HR are above 70 -Higher Low is a more probable to happen next over market breaking all time high and keep pushing after it just had a 700 pip run. - Last but not least, my traders intuition tells me it's a SellShortby The8thWonderTrader3
US30 POTENTIAL BULLISH MOVEUS30 Market Outlook for the Upcoming Trading Week I’m expecting a potential retracement in US30 back into the highlighted demand zone (D.Zn) before we see a significant push toward the target interest points (T.I.P.) I’ve highlighted in orange. This outlook is supported by the bullish imbalances left on the chart from Friday’s price action, which indicates strong upward pressure still in play. Traders should watch for price movement into the D.Zn area for potential buy opportunities as the market gathers liquidity for the next bullish move. The orange T.I.P. zones are key levels to keep an eye on, as they represent profit-taking points as the market pushes higher. As always, trade carefully, manage your risk, and monitor for any changes in market conditions that could affect this outlook.Longby BluezFxTradersUpdated 224
US30- Time to sell!The price is testing the top of the structure near 42800 for the third time. In previous instances, the price reacted to this zone by dropping nearly 3.8%. There is a high probability that it could move down from this zone again, especially as there are important news and data releases this week If the price starts to move down, support zones can be found near. You can find more details and annotations in the icon!Shortby Leap-KKUpdated 121257
US30US30 dow jones industrial index will continue to rise base don the structure, the price action is bullish and calls for immediate correction. we watch the market structure for clear directional bias. 10:40by Shavyfxhub0
DOW JONES: Channel Up extending. 43900 possible this month.Dow Jones is on very steady bullish levels on its 1D technical outlook (RSI = 60.810, MACD = 361.330, ADX = 26.315) and this is further displayed on the chart where the two month Channel Up has ended its consolidation and should technically move to the next HH. The 1D MACD is close to a new Bullish Cross, the strongest validation for buying inside this Channel. We expect to see the index reach its top within this month (TP = 43,900). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8
Weekly Forex Outlook Sun.Oct.6.2024 - Fri.Oct.11.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion04:19by unkn0wntrad3r111
Recap of NY Session with trades on Dj30 and SilverI took 3 trades today, DJ30 blow off long with NY Open, a parabolic reversal scalp on DJ30 into 3rd hour and a Silver Downtrend continuation short. Aggressive, and lucky session with 3 wins. 10:33by TC8880