Dow Jones on the weekly chartAs you can see, due to recent economic news and Trump's economic approaches, we have unfortunately witnessed a decline in major indices, including the Dow Jones. We are currently at the last available support level, which is the bottom of the Dow Jones long-term channel, and we need to see how it reacts to this level in tomorrow's news and the CPI release.
US30USD trade ideas
US30 Analysis Using Elliott Wave READ INSIDE
US30 Analysis Using Elliott Wave
Current Market Structure & Elliott Wave Count
Wave 3 High Completed around 42,600-42,700
Wave 4 Pullback in Progress targeting 42,200 - 42,000
Potential Wave 5 Extension towards 42,800 - 42,900
Trading Strategy & Execution Plan
Bullish Scenario (Wave 4 Completion & Wave 5 Start)
📌 Long Entry:
Buy at: 42,200 - 42,000
Stop Loss (SL): 41,800
Take Profit (TP1): 42,500
Take Profit (TP2): 42,800
Take Profit (TP3): 42,900
🎯 Probability: 70% (If price finds support above 42,000)
Bearish Scenario (Wave 4 Deeper Correction or Reversal)
📌 Short Entry:
Sell at: 42,600 - 42,700 (Wave 3 High Rejection)
Stop Loss (SL): 42,850 (Above Wave 5 Expected Move)
Take Profit (TP1): 42,300
Take Profit (TP2): 42,000
Take Profit (TP3): 41,700
🎯 Probability: 65% (If price rejects 42,600 resistance)
Final Thoughts & Risk Management not financial advise
✅ Bias: Bullish above 42,000, Bearish below 41,900
✅ Risk/Reward Ratio: 1:3 for Both Scenarios
✅ Volatility Factor: Use Smaller Lot Size at Key Levels
Dow Jones Wave Analysis – 24 March 2025
- Dow Jones reversed from support zone
- Likely to rise to resistance level 43000.00
Dow Jones index continues to rise inside the short-term correction iv which started earlier from the support zone located between the support level 41000.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August.
The active correction iv belongs to the C-wave of the extended ABC correction (4) from the start of December.
Given the long-term uptrend, Dow Jones index can be expected to rise to the next resistance level 43000.00.
Dow Jones Industrial Average ($US30): Market Mover or Stumbling?(1/9)
Good afternoon, everyone! ☀️ Dow Jones Industrial Average ( BLACKBULL:US30 ): Market Mover or Stumbling Block?
With the Dow at $42,407.80, is this blue-chip index a steady climber or a shaky step? Let’s chart the course! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 42,407.80 as of Mar 24, 2025 💰
• Recent Move: Up 0.8% from $41,985.35 on Mar 21, per data 📏
• Sector Trend: Mixed with tech, aerospace gains 🌟
It’s a bumpy climb—let’s see what’s driving it! ⚙️
(3/9) – MARKET POSITION 📈
• Composition: 30 U.S. blue-chip firms, all sectors but transport, utilities 🏆
• Trend: Volatile but up 1.2% weekly as of Mar 21, per data ⏰
• Sentiment: Cautious optimism amid trade tensions 🎯
Firm but tested by macro winds! 📊
(4/9) – KEY DEVELOPMENTS 🔑
• Fed Update: Rates steady, economic uncertainty up, per data 🌍
• Sector Gains: Boeing up 7% on Air Force deal, per data 📋
• Market Reaction: Dow up after tariff reprieve hopes 💡
Navigating a stormy market! 🌪️
(5/9) – RISKS IN FOCUS ⚡
• Trade Tensions: U.S.-China tariffs spark inflation fears 🔍
• Economic Slowdown: Consumer sentiment at 2022 lows 📉
• Policy Shifts: Trump tariffs add uncertainty ❄️
It’s a rocky path—watch the curves! 🛑
(6/9) – SWOT: STRENGTHS 💪
• Blue-Chip Base: 30 industry leaders 🥇
• Sector Gains: Tech, aerospace lift index 📊
• Resilience: Up 12.7% from 52-week low 🔧
Got a sturdy engine under the hood! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Volatility, 5.9% off peak 📉
• Opportunities: Rate cut hopes, tech rebound 📈
Can it climb higher or stall out? 🤔
(8/9) – POLL TIME! 📢
Dow at $42,407.80—your take? 🗳️
• Bullish: $44,000+ soon, rally resumes 🐂
• Neutral: Steady, risks balance out ⚖️
• Bearish: $40,000 looms, correction deepens 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
Dow’s $42,407.80 price shows cautious gains 📈, but volatility’s in the air 🌿. Dips are our DCA fuel 💰—buy low, ride high! Gem or bust?
US30 Trade Outlook – 24/03/2025📊 Market Structure & Key Levels
US30 continues its bullish momentum, breaking through resistance levels and pushing toward key supply zones. Price is now approaching a major area where sellers may step in.
🔍 Key Observations:
✅ Strong Bullish Push – Clear higher highs and higher lows forming.
✅ Next Resistance Zones:
‣ 42,787 – 42,872
‣ 43,021 – 43,200
✅ Support to Hold: 42,000 – 41,700 zone
🎯 Trade Plan:
🔹 Long continuation if price breaks 42,872 with volume → Target 43,200
🔻 Short setup if price rejects 42,872 – 43,021 → Target 42,000 – 41,700
⚡ Stay sharp. Don’t chase. Wait for structure & confirmation. 🔥
Dow Jones: Double-Top Signals Heightened VulnerabilityThe Dow Jones Industrial Average (DJI) closed at 41985 on Friday, up 0.08%, maintaining its position above critical support at 41330. The index has dropped more than 6% since the start of the pullback from highs of 45073 in January 2025. The long-term bullish price structure that has lasted over two years remains intact; however, a double-top formation at recent highs and the observed weakness in the current quarter suggest a vulnerability in the long-term price structure, particularly around 42732 and 42248. Should it fail to maintain support at 41330, the index could collapse below the bullish structure. If it holds above this critical support, a temporary rebound targeting 42248, 42732, and 43388 is possible before the price declines again.
Reflecting on past market corrections, the index fell 38% in February 2020 and 22% in January 2022. This time, the situation may differ due to the current political and economic climate shaped by the US administration. If we experience a four-stage pullback, the index could decline to 39062, 36794, and 34526, resulting in a correction of over 23%. Should it fall below 34526, there is potential for a deeper dive into bear territory, reaching 32257 with a correction exceeding 28%.
The Dow Jones Industrial Average (US30) 23 MARCH 2025The Dow Jones Industrial Average (US30) is currently trading within a well-defined ascending channel, maintaining its long-term bullish structure. Price recently tested the lower boundary of the channel, aligning with a strong demand zone around 40,892 - 40,053, and is now showing signs of a potential reversal. The smart money concept (SMC) perspective suggests that institutions may have accumulated positions at this level, preparing for a bullish move toward the 44,500 - 44,800 supply zone. If price sustains above 42,000, buyers could take control, targeting liquidity above previous highs.
From a supply and demand standpoint, the 40,892 - 40,053 level acted as a key demand zone, where buyers aggressively stepped in to defend the trend. The next area of interest is the 44,502 - 44,809 supply zone, which aligns with historical resistance. If price reaches this level, we may see profit-taking or a potential rejection. However, a break above 44,809 would indicate bullish continuation toward new all-time highs.
On the fundamental side, several factors support a potential bullish move. Federal Reserve policy remains a key driver; if the Fed signals rate cuts later in 2025 due to slowing inflation, equities could rally further, benefiting the Dow. Additionally, US economic resilience, strong labor markets, and robust earnings from industrial and financial sectors could provide further upside momentum. On the downside, risks remain from geopolitical tensions, trade wars, and inflation concerns, which could create volatility and potential corrections.
Given these factors, a long trade setup appears favorable. The ideal entry point would be near 42,000, aligning with trendline support and demand. A stop-loss below 40,800 would protect against an unexpected bearish break. Take-profit targets include 44,500 (supply zone) and 44,800 (liquidity sweep level), where price may face resistance. However, if price fails to hold 42,000, a deeper retracement toward 38,473 could be possible before the next bullish impulse.
Would you like me to refine this setup further with risk management and position sizing details? 🚀
Bearish reversal off pullback resistance?Dow Jones (US30) is rising towards the pivot which is a pullback resistance and could drop to the 1st support.
Pivot: 42,476.16
1st Support: 41,442.18
1st Resistance: 43,185.84
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US30 - Potential Targets How I see it in the shorter term:
KEY LEVEL OF CONFLUENCE, NOW SUPPORT @ 41640.00
Potential "LONG" -
TP 1 = 42355.00
TP 2 = 42890.00
Potential "SHORT" -
(Requires a break and hold below KEY SUPPORT)
TP 1 = 40652.00
Keynote:
Stocks are still not showing the "reversal" type quality and energy.
Upwards might only be a higher TF correction.
On the 4HR TF there is also signs of a potential bearish flag.
Thank you for taking the time to study my analysis
US30 - Catch The Next Wave!US30 is currently in an uptrend, with price action respecting a well-defined ascending channel. We anticipate another bounce from channel support.
In Wave 2, price was rejected at the 38.2% Fibonacci retracement level, and we expect a similar reaction for Wave 4.
Our strategy is to wait for price to enter the buy zone, between the 38.2% and 50% Fibonacci retracement levels, and look for bullish reversal signals before entering a position.
Potential Bullish Reversal Signals:
Trendline break
Break of structure (BOS)
Other confirmation patterns
Trade Plan:
- Monitor price movement into the buy zone, aligning with channel support.
- Enter long positions upon confirmation of bullish price action, placing stop-loss below the established low formed after bullish confirmation.
Target levels: 45,000 and 48,500, with the remainder held for a potential extended swing trade.
Goodluck and as always, trade safe!
US30 Analysis SCENARIO 1 (sells)
Gold is in a bullish momentum, so the current bearish move in conjunction with the trump tariffs should
have us see a good retest zone back to the upside with continious bad news occuring in the US
Recent high impact events have been in the red (when you see a red number that means that the release of certain data was lower than what was expected)
In the upcoming weeks, we have the Standard & poors global manufacturing PMI and the S&P Global services PMI with the consensus for
each to be 51.9 and 51.2 which is accounting for a drop in the S&P Manufacturing PMI but a 0.2 % increase in the S&P global services PMI
for beginners, understand that these are economic indicators to show people how a courntries economy is doing with Manufacturing PMI
leading towards the production of goods in the US.
Now I believe that both actual results when released will be negative due to the fact that the current tariff hits have been hurting the US.
This will lead to a bearish market open on the Nasdaq and US30 indices and a buy on gold.
Why this is so is a lower number than the consensus (the consensus refers to a healthy number for the economy to "be at" for that month) meaning
a lower result than what they have put will lead to a brief economic panic with investors taking sells on their postitions on the top 30 and 100 businesses
(nasdaq and US30) and the further sells on the US market from retail investors will cause a greater bearish move on Monday.
Now the reason why Gold goes up is because it is a security, safe haven for investors. When Investors take their cash out of their stocks
and when their is more economic stress then there will be more reason to invest into a safe commodity like gold.
More news to note is the tesla stock crash which is a driving factor of the current losses in the Nasdaq and the S&P and the Dow jones. The upcoming tariffs will
see a downturn in the market.
Now that is my bet, we need to add these fundamentals in with perfect technical anlysis entry points
SCENARIO 2 (buys)
For buys everything oposite to the sells will occur meaning that if a positive number above consensus happens then there may be a brief period of buys
US30 analysis SCENARIO 1 (sells)
Gold is in a bullish momentum, so the current bearish move in conjunction with the trump tariffs should
have us see a good retest zone back to the upside with continious bad news occuring in the US
Recent high impact events have been in the red (when you see a red number that means that the release of certain data was lower than what was expected)
In the upcoming weeks, we have the Standard & poors global manufacturing PMI and the S&P Global services PMI with the consensus for
each to be 51.9 and 51.2 which is accounting for a drop in the S&P Manufacturing PMI but a 0.2 % increase in the S&P global services PMI
for beginners, understand that these are economic indicators to show people how a courntries economy is doing with Manufacturing PMI
leading towards the production of goods in the US.
Now I believe that both actual results when released will be negative due to the fact that the current tariff hits have been hurting the US.
This will lead to a bearish market open on the Nasdaq and US30 indices and a buy on gold.
Why this is so is a lower number than the consensus (the consensus refers to a healthy number for the economy to "be at" for that month) meaning
a lower result than what they have put will lead to a brief economic panic with investors taking sells on their postitions on the top 30 and 100 businesses
(nasdaq and US30) and the further sells on the US market from retail investors will cause a greater bearish move on Monday.
Now the reason why Gold goes up is because it is a security, safe haven for investors. When Investors take their cash out of their stocks
and when their is more economic stress then there will be more reason to invest into a safe commodity like gold.
More news to note is the tesla stock crash which is a driving factor of the current losses in the Nasdaq and the S&P and the Dow jones. The upcoming tariffs will
see a downturn in the market.
Now that is my bet, we need to add these fundamentals in with perfect technical anlysis entry points
Dow Jones The Week Ahead 24th March '25 Dow Jones bearish & oversold, the key trading level is at 42488
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.
US30BUY Opportunity
- Base channel on Daily time frame retested indicating end of Wave 4.
- Buy opportunity towards wave 5, potentially at price - 47 838.64
Buy Confirmation
- On 2 Hour timeframe, Bos and with a leading diagonal.
- We then place a buy limit at 41 087.27 as the demand zone
This is not investment advise. Enter at your own risk.
DOW JONES targeting 50000 on this final Bull yearDow Jones / US30 posted the first green weekly candle after hitting last week the 1week MA50.
This is obviously a critical support level as it has been holding since the October 30th 2023 rebound.
As this chart shows, Dow has been repeating the same patterns, Cycle after Cycle.
Right now it has entered the Final Year of Bull, which is the part where it rises aggressively to form the Top before the new Bear begins in the form of a Megaphone pattern.
The previous Bull peaked on the 2.382 Fibonacci extension of the Megaphone.
This means that a 50000 Target for Dow is perfectly plausible by the end of 2025.
Follow us, like the idea and leave a comment below!!
Dow Jones INTRADAY Bearish oversold bounce backKey Support and Resistance Levels
Resistance Level 1: 42488
Resistance Level 2: 43067
Resistance Level 3: 43575
Support Level 1: 40657
Support Level 2: 40109
Support Level 3: 39584
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.