Uptrend According to the behavior of the index in the current support range, possible scenarios have been identified. As long as the index is above the support range, the continuation of the upward trend is more likely. Otherwise, the downward trend to the support levels will be possibleLongby STPFOREX3
Bullish pullback The indice might retest the established highs, after bouncing back up from the support structure. However, the indice may continue it's downward trajectory if it fails to continue upwards and also by stabilising below 41,886.Longby Two4One40
US30 BEARISHUS30 continuous its beaeish trend in h1 printing HH & HL NO sign for reversal good to sell Shortby shahid7670
US30 (Dow Jones industrial average) Daily At this current stage of retracement, we saw price slipping lower towards low of month/ higher high that broke structure to the upside📈. Look carefully, we have a few key factors that will influence our market as this is nfp week as well. For all we know, price remains bullish overal on weekly and daily TF📈. We have 📉bearish internal structure which could be aligned with a weekly setup before nfp. Look at our blue/green Fibonacci retracement tool: - price has formed swing high & swing low - Price is at discount zone asour market is worth FWB:42K at current market price and is expensive to buy more assets to fuel a bigger trend. - we have a POINT of interest around price GETTEX:41K This exact zone is at a weekly demand zone that has an inducement LTF zone (current demand price is reacting to). It is also an unmitigated demand zone on daily timeframe. This is no trading signal but you can find a good entry on 4H timeframe respecting our bearish internal structure - Longby ZIPHO671
US30 (Dow Jones industrial average) Daily At this current stage of retracement, we saw price slipping lower towards low of month/ higher high that broke structure to the upside📈. Look carefully, we have a few key factors that will influence our market as this is nfp week as well. For all we know, price remains bullish overal on weekly and daily TF📈. We have 📉bearish internal structure which could be aligned with a weekly setup before nfp. Look at our blue/green Fibonacci retracement tool: - price has formed swing high & swing low - Price is at discount zone asour market is worth FWB:42K at current market price and is expensive to buy more assets to fuel a bigger trend. - we have a POINT of interest around price GETTEX:41K This exact zone is at a weekly demand zone that has an inducement LTF zone (current demand price is reacting to). It is also an unmitigated demand zone on daily timeframe. This is no trading signal but you can find a good entry on 4H timeframe respecting our bearish internal structure - Longby ZIPHO670
US30 BUY ANALYSIS US30 BUY ANALYSIS Technical Analysis: 1. Ascending Channel: • The price is trading within a well-defined ascending channel. The current position of the price is at the lower boundary of the channel, which typically acts as a strong support zone. • Buying near the lower trendline is a strategic move, as the expectation is for the price to move back up towards the upper boundary of the channel, following the trend. 2. Support and Risk Management: • The lower channel boundary aligns with a previous key support level, increasing the probability of a bounce. This provides a favorable risk-to-reward ratio, with a clear stop-loss below the channel. • The trade setup targets a move to the upper channel boundary, offering a potential upside while keeping risks managed. 3. Bullish Momentum: • The overall structure remains bullish, with the price making higher highs and higher lows within the channel. This indicates that the broader uptrend is intact, making a buy position at support more attractive. Conclusion: The decision to buy US30 here is based on the current position within the ascending channel, taking advantage of the support provided by the lower trendline and targeting a potential move back towards the channel’s upper boundary for profitable opportunities.Longby US30EMPIRE0
DOW JONES - Short from bearish OB !! Hello traders! ‼️ This is my perspective on DOW JONES. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB. Like, comment and subscribe to be in touch with my content! Shortby Snick3rSD11
Dowjones- us30 forcast Dow jones is negative, we may see alittle retracement upword and down trend continue . Target in analysis . Shortby Egyqat20223
Gold Rush Knocks Dow Jones Industrial Average Off Its FeetGold as a value asset continues to shine brightly, having reached a new all-time high near $2,600 on Monday, September 16, marking the 30th all-time high for gold prices this year, 2024. It is also noteworthy that the Dow Jones Industrial Average (DJI) to gold (XAUUSD) ratio is gravitating to ever lower values, while the time-tested indicator of a U.S. recession, based on the US labor market behavior signaling that one is imminent. Thanks to @chinmaysk1 and its full of worth open source script Recession And Bull Run Warning, that I truly believe is one of the best over many. by PandorraUpdated 2
Dj short trade update Hi trades I sent this analysis the day we have NFP it start by going all the way up n come to hit the target this week,soo am going to predict another buys from were it is now which I won't mention exactly the price but am seeing 41800 n 41900 as buying points but am not advicing anyone to take the trades unless they have their own confirmations,trading is risky n you might loose all your capitals take responsibility into your hands and don't blame anyone for looses but yourselfs thank you and I wish you all profitable week coming ahead.Longby mulaudzimpho113
US30 Analysis in Elliott Waves - Anticipated Correction ScenarioUS30 Analysis in Elliott Waves - Anticipated Correction Scenario : Fibonacci extensions. This level often signals a potential reversal point, suggesting that a significant correction may be approaching in the short term. We anticipate a possible correction towards Fibonacci levels, around 23% to 38% of the third wave. The end of this third wave has also formed an ending diagonal, reinforcing the likelihood of a pause or reversal in the trend. Awaited Confirmation Signals To confirm the potential for a correction, several technical signals are in place: Divergences on MACD and RSI: A bearish divergence is present on these indicators, indicating a weakening of bullish momentum and increasing the likelihood of a trend reversal. Break of the Trend Line: Although the market is still in an uptrend, the break of this trend line would provide final confirmation of the end of the third wave and the start of a deeper correction. Monitoring this break is crucial before entering short positions. Price Action: On the weekly chart, a Bearish Engulfing pattern has already been observed, further supporting potential sell signals. Price Targets First Target (TP1): 38,418, a key support zone expected to serve as the initial correction target. Second Target (TP2): After a minor bullish correction, we could aim for the 33,735 area as the final target of this downward phase. After this anticipated correction, we’ll reassess the market to look for new buying opportunities if the bullish trend resumes.Shortby abdelkader222
US30 IS GOING TO FALL GO SHORT Here on US30 price form rising wedge pattern and now break line 42656.9 so is going to fall more so trader should go for SHORT with expected profit target of 41419.9 and 40233.0 . Use money managementShortby FrankFx14Updated 1
US30 SELL ANALYSIS RISNING WEDGE PATTERNHello trader, What do you think about US30? Here on US30 price form rising wedge pattern so as line 42618.4 has broken so is likely to fall more so trader should go for SHORT with expected profit target of 41285.6 and 40083.4 . Remember to like and share your thoughts in the comment!Shortby FrankFx14Updated 1
US30 YM DIA long intradayLooking for RSI below 20 to start long position...Longby TraderNoahMgtUpdated 332
US30 potential Sell setupReasons for bearish bias: - Price gave HL breakout - Price gave breakout of rising trendline - Bearish divergence Here are the recommended trading levels: EP(CMP): 42500.6 SL: 43434.8 TP: 41566.4Shortby TradeWithParas3
US30: Critical Consolidation with Potential BreakoutUS30 Technical Analysis The price is attempting to stabilize within the bullish zone by holding above 42,450. Currently, the market is expected to consolidate between 42,590 and 42,450 until a breakout occurs. A 1-hour candle close below 42,450 would reinforce bearish momentum, targeting 42,230 and potentially 41,960. Conversely, sustained stability above 42,590 would favor a bullish push toward 42,770 and 42,910. Key Levels: Pivot Point: 42580 Resistance Levels: 42770, 42910, 43050 Support Levels: 42450, 42250, 41990 Trend Outlook: - Bearish By stability below 42450 - Bullish by stability above 42590 previous idea: by SroshMayi4
Trendline Trading, Prcticepracticing marking up charts for trendline trading strategy.Long00:50by kimberlyleads0
Dow Jones (DJI) Primed for a Bullish Move – Fresh Long Entry!DOW JONES INDUSTRIAL (DJI) Technical Analysis: In the 15-minute timeframe, Dow Jones Industrial (DJI) has signaled a fresh long trade entry at 42,406.00 with potential upside movement, supported by the break above the Risological dotted trendline. Key Levels: Entry: 42,406.00 Stop Loss (SL): 42,294.50 Target 1 (TP1): 42,543.81 Target 2 (TP2): 42,766.81 Target 3 (TP3): 42,989.81 Target 4 (TP4): 43,127.63 Observations: The price has gained bullish momentum, with a clean break above the Risological trendline. If momentum sustains, this trade could see all targets successfully hit. A solid long trade entry is in play for DJI, with upside potential. The Risological dotted trendline serves as strong support, and if buyers maintain control, higher targets are likely to be reached.Longby ProfitsNinja2
Us30 like bullish short termIn the bullish scenario, we anticipate a potential reversal if the price rebounds from the 42,300 level, signaling a shift in market momentum. Should the price break lower, a continuation of the bearish trend is likely. It’s crucial to note that today's key news events are expected to heighten market volatility, with a high probability of bearish pressure emerging around the 42,700 to 42,800 resistance zone. by Horazio0
shorti usually don't trade on fridays so i will monitor this Dow jones it seems like it might fall for at least 1%Shortby sizwedlaminiforex0
Potential bullish rise?DJ30 is reacting off the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 42,451.35 Why we like it: There is an overlap support level that aligns with the 61.8% Fibonacci retracement. Stop loss: 42,118.34 Why we like it: There is a pullback support level that is slightly below the 78.6% Fibonacci retracement. Take profit: 42,790.14 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group. DLongby VantageMarkets10
Potential bullish rise?US30 is reacting off the pivot and could reverse to the pullback resistance level which aligns with the 50% Fibonacci retracement. Pivot: 42,387.94 1st Support: 42,084.97 1st Resistance: 42,759.06 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.ULongby ICmarkets5