Check the trend If the index crosses the resistance range, the upward trend will continue. Otherwise, the corrective and fluctuating trend will be possible up to the specified support rangeby STPFOREX3
Bearish reversal?US30 is rising towards the pivot which is a pullback resistance and could fall to the 1st support which acts as a pullback support. Pivot: 41,602.008 1st Support: 40,914.12 1st Resistance: 42,016.97 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.UShortby ICmarkets11
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 41300 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41300 support and resistance area. Trade safe, Joe.Longby JoeChampion1114
Weekly Forex Outlook Sun.Sept.15.2024 - Fri.Sept.20.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion05:25by unkn0wntrad3r111
US30 View!!Adobe tumbles after forecasting Q4 earnings below estimates Boeing sells off as workers go on strike Russell 2000 small cap index outperforms, up 2.5% Indexes up: Dow 0.72%, S&P 500 0.54%, Nasdaq 0.65% Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with rate-sensitive small cap stocks outperforming.Longby FXBANkthe80552
Possible outlook for the week US30 - 4hrFor the week ahead, the outlook for the US30 (Dow Jones Industrial Average) on the 4-hour chart appears cautiously bullish. Recent market sentiment has been driven by expectations regarding the Federal Reserve's potential interest rate cuts. Analysts suggest that the decision between a 25 or 50 basis point cut is key to the market's direction this week. Any dovish signals could support further gains for US equities, including the US30. Technically, the US30 is trading near a resistance zone around 41,500, which could trigger some consolidation or pullback if not breached convincingly. However, momentum remains strong, and further upward movement toward the 41,700-41,800 range is possible if the bullish sentiment continues. Traders are also keeping a close eye on economic data releases, especially from the US and Asia, which could influence volatility. In summary, while there is potential for upside, the market will likely be sensitive to the Fed's interest rate decision and key economic data releases throughout the week.by Chipatenii2
Short Of The Century Approaching!The past week and into this week coming should see a continuation of the rally, we know the Fed are going to cut, only because the economy is breaking. We watch the top red line, another 1% or so and that should be very close. Some are calling for an everything melt up, but remember, the Fed cuts after a raising cycle and the stock market and economy tanks. The grey shaded area on the chart, look closely, they are full of big up and down days. We know before every major turn or severe market plunge, volatility increases dramatically. Up days are lower volume than down days, the market sits at a dangerous position, akin to picking up pennies in front of a steam roller. Most believe that the market will hold up until the Punch & Judy show is over come late November, the theatre of politics is for the gullible, those who believe a so called leader will improve their world... only you can do that. Gold and silver have had another great run, expect some form of intermediate top approaching very soon, a sizeable correction coming that allows you to back up the truck again. Risk is extreme, most are blinded by the fudged economic data, only just recently the Bureau of Labor Statistics each year revises its previously reported estimates of job creation in the United States. The revision released August 21 shows that about 818,000 fewer nonfarm jobs were created from April 2023 through March 2024 from what was previously reported, sheer and deliberate manipulation to keep the fake rally alive. Whatever you believe, don't ever trust or believe in Government or politicians... the short of the century is approaching. Appreciate a thumbs up, God bless you all!Shortby Fractal777191912
US30 BULLISH-I'm looking for a retracement into a 4hr FVG or Daily FVG to form the low of the week for this coming week. - my entry would definitely be from 9:30am to 11:00am New York AM session. - looking for 1mins to 5 mins MSS for entries during my killzone Don't forget time and stop losses are crucial in this business. GOODLUCKLongby cloudy_Blank_0
DJI, Elliott wave analysis■Outlook of DJI. Outlook for DJI on the 1D chart. There have been no changes since the last update. It looks like the waves of the upper degree are forming an Expanded Flat, and the wave of the lower degree are forming a Diagonal. If this scenario is correct, Wave (b) will probably expand 1.618 times more than Wave (a). So, the target of Wave (b) will be 42,000 to 44,000. After that, the upper degree channel line (black dotted line) will reject sub-wave c and (b). When Wave (b) is complete, the trend will switch to a downtrend.Shortby EWA-tokyo1
US30USD time to sell?On the daily time frame, are we at the top of the double top? Does Friday's candle with it's long wick constitute a rejection already which means we should sell now? OR should we wait for a full on red candle before jumping in on a SELL trade? I really would appreciate all constructive comments. Shortby nelsyboy111
US30 (Dow Jones Industrial Average Index) Salam and Good day, This is only my personal opinion for educational purpose only. The chart you shared shows the US30 (Dow Jones Industrial Average Index) on a 4-hour timeframe, with trendlines and some indicators. Key Observations: Symmetrical Triangle: The chart shows a symmetrical triangle pattern, indicated by converging trendlines. The price is nearing the upper boundary of this triangle, suggesting a potential breakout. Upper resistance line around 41,600. Lower support line appears to be around 40,700. Price Position: The current price is hovering around 41,400 (slightly below the upper trendline). This indicates the price might test this upper resistance, with potential for either: A breakout if it closes above the resistance (41,600), which could lead to further upward momentum. A rejection and possible retracement toward the lower trendline around 40,700. Indicators: The MACD (Moving Average Convergence Divergence) indicator below the chart shows a mixed pattern, suggesting neutral momentum. However, a bullish crossover is possible if the green bars continue to rise. Trend: The price has followed an overall uptrend, with higher lows consistently forming, suggesting bullish strength in the broader time horizon. My Forecast: Bullish Scenario: If the price breaks above the 41,600 resistance and closes above it, the next target could be around 41,800 and higher. Bearish Scenario: if the price gets rejected at the upper trendline, it may retrace toward the lower trendline at 40,700 or even lower, testing previous support levels around 40,000. Next Steps: Watch for a decisive breakout above the 41,600 level with volume, as that would confirm upward momentum. Alternatively, if the price closes below the trendline or shows rejection at current levels, a short position targeting the lower trendline might be in play. Thanks Mustaqim Mazuky Independent Trader/InvestorLongby mustaqim.mazuky1
Running deep profits on us30We are running deep profits as I have said ....if you have entered you may safely close your goods📈📊📉📍by GOLDERNTRADER0
DowJones30 Key LineOANDA:US30USD the key line is (41430) if the candle broke the key line and open candle up to 41430 then will try to touch 41572 and again will refail and if broke resistance line then will bullish up to 41850 , and if candle open under keyline the will drop under 41150Shortby temer_duski1110
Economic growthI expected fed rate cut And if rate cut the cash flow are increase in whole world And people are increase their expenses So keep eye on 17 SeptemberLongby manjuchouhan281988116
Dow Jones in correction rangeConsidering the price gap that has been created, which has not been filled from any side, as well as touching the ceiling of the upward movement, we expect the price to be corrected until the price gap is filled. According to the chart, short trades can be entered in two rangesShortby AbedEkhlaspoorUpdated 1111
US30 9/13/24💹 Indices: 👁️ Outlook 30m Context Time Frame: Price has been breaking bullish with multiple breaks. During NY I want to see price take out some London Lows before making a continuation higher. SAME AS NAS100 Daly Bias: Bullish Keeping an eye on this. 👁️Longby angelvalentinx2
US30Both weekly and Daily timeframe concluding that we have a strong Bearish Flag Pattern on both timeframe so strong bearish momentum expected. Expecting TP at 39012.00 as it is nicely aligned with previous structure.Shortby Primus0725Updated 1113
US30 - Rate Cut Uncertainty Drives Market ConsolidationFutures Muted Amid Uncertainty Over Fed Rate Cut Size Traders are increasingly pricing in the likelihood of a significant rate cut, with the probability of a 50-basis point cut now at 41%, up from 14% last Thursday, according to CME's FedWatch Tool. Former New York Fed President Bill Dudley has advocated for a strong case in favor of a 50-bps cut. Technically: Currently, the market is likely to test 41,030 before advancing towards 41,340, as it consolidates within the 41,030 to 41,340 range. As long as the price remains above 41,030, it is expected to attempt to reach 41,340. However, closing a 4-hour candle below 41,030 could signal a bearish trend towards 40,810. Key Levels: Pivot Point: 41,180 Resistance Levels: 41340, 41550, 41900 Support Levels: 41030, 40800, 40670 Expected Trading Range: 41,030 - 41,340 Trend: Consolidation between 41,030 and 41,340. Above 41,030 indicates an uptrend, while below 41,030 downtrend. Previous idea: Longby SroshMayi10
US30 swing trade idea US30 has reached our level of interest between 41150- 41250 where we look for swing sell setups. Currently waiting for the last impulse upward to get confirmations from the weekly fib and VWAP levels. This is similar to NAS trade, which we sent our earlier. For TP levels, we are currently targeting 40550(750 points) but keeping in mind that this trade has a lot of potential going lower in the last quarter of 2024. Should we break our level of interest, it is likely that we are making a new All Time High. As always, trade safely as you possibly can and always wait for confirmations, before entering a trade. Good luck! Expect the unexpected. Fractals Trading Community, Mei Shortby martinmei5
Possibility of uptrend It is expected that after some fluctuation, the continuation of the upward trend will be formed and it will advance to the specified resistance range. If the index crosses the previous bottom range, the continuation of the downward trend is likely by STPFOREX0
US30 Bullish BiasSimple price action analysis, breakouts and trend continuation. I will keep this post updated to see how price plays out. Drop a Follow for more analysis !Long02:32by chrismogab2
Swings on us30Running massive profits...we are looking on moving higher on us30 to break the the all time high level ...make sure you follow for more updates 💯🔥Longby GOLDERNTRADER0
US30 I H4 I Bearish Drop Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 41,231.06, which is a pullback resistance aligning with a 78.6% FIbo retracement and 127.2% Fibo extension Our take profit will be at 40,576.81, a pullback support level. The stop loss will be placed at 41.668.62, above the swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Shortby FXCM4