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US30 trade ideas

US30 Mid Week Consideration 👀👉 The markets could move in any direction today. Over the past three months, since the Bank of Japan rate hike, we’ve been witnessing aggressive liquidity runs and significant, uneven reversals, particularly on Wednesdays. This midweek phenomenon has caught many traders off guard, making it challenging to adapt. It appears to reflect adjustments in the market algorithms targeting liquidity. For this reason, I’m sitting out of the New York session today. It’s worth emphasizing that staying out of the market can be just as valuable as posting or executing a trade idea. If you have time, I encourage you to review past charts and observe this recurring Wednesday or midweek reversal phenomenon. Stay vigilant and know when to step aside. Reducing the frequency of trades is as important as placing them. Focus on quality setups and recognize when the best move is no move at all. While this isn’t financial advice, it’s a practical observation that could prove useful. Trade smart, and let patience guide you.
THINKMARKETS:US30
by fxtraderanthony
3
Big Money Complacency AKA "Deer In the Headlights"The violent US market selloff this afternoon after the Fed cut interest rates was proceeded by 9 straight days of selling in the Dow Jones Industrial Average. Yesterday I posed the observation that the 9 consecutive days selling had been a warning of something ominous and yet unknown coming soon to the market. But no, complacency reigned. The Fed would bail out the market the way they always do. But no, today quite the contrary. They're faith in all that was overwhelmingly "overwhelmed". The proof of that " massive surprise " was shown in the VIX, which get this rose, 74 % in just one day to 27. My point in all this is that traders in the venerable Dow Jones Industrial Average had sniffed out all of this 10 days ago. Sometimes broader markets show telling signs of "deer in the headlights". This one was about big money complacency. And as todays selloff proved.. they paid harshly for that misguided misjudgment. THE_UNWIND 12/18/24 WOOODS OF CONNECTICUT
TVC:DJIShort
by The_Unwind
US30 / Consolidation Ahead of Key Breakout LevelsTechnical Analysis The price has reached the support level we mentioned earlier and is now consolidating between 43,350 and 43,765 until a breakout occurs. Initially, the price may attempt to test 43,760 or 43,900, driven by the Fed’s 25 bps rate cut. However, it is also possible for the price to drop again, potentially breaking the support zone at 43,350. A break below 43,350 and 43,200 would confirm a bearish trend, with further downside targets at 42,900 and 42,770. Key Levels: Pivot Point: 43580 Resistance Levels: 43765, 43900, 44070 Support Levels: 43350, 43210, 42900 Trend Outlook: Bullish Momentum: Possible within the consolidation range of 43,350 to 43,900 PREVIOUS IDEA:
OANDA:US30USDLong
by SroshMayi
Marking the end of Bull rallyCouple months ago, I published my US30 Elliott Wave analysis stating the start of upward move which we saw in the past months. Today, I am publishing the Elliott Wave breakdown of the upward move we have seen in past months which was anticipated in previous idea. Coming to the point, it seems the rally is about to end and the correction is about to start. I am anticipating this correction to be somewhat big according to my Weekly wave count shown in previous chart, but lets see how things go.
EIGHTCAP:US30Short
by syedhamza2135
1
US30: Bearish Momentum with CPI-Driven VolatilityTechnical Analysis The price dropped about more than 500 points as we mentioned previously, and is still under bearish momentum because already broken the bearish correction which is 44410. So as long as trade is below 44270 and 44410 it will drop to touch 43900, on the other hand, we have a CPI effect Today that will be expected with more than the previous result, in this case, will support the bearish movement for indices, especially realizing more than 2.7%. due to the high volatility, we have a bullish correction till 44300 or 44410. Key Levels: Pivot Point: 44270 Resistance Levels: 44410, 44590, 44750 Support Levels: 43900, 43760, 43490 Trend Outlook: Bearish Momentum previous idea:
OANDA:US30USDShort
by SroshMayi
US30 indicating a bullish move. Look for the Bulls TodayUS30 has finally broken the downward trend above the 43500 support line. The US30 gave us an evening star pattern off of the trend line and support area at 43500. This was an indication to go Long. If you are in a short, you will likely have to wait for a pull back to get out of your trade or you can close in a small loss. If you are in a long. Hold it. This may be US30 returning back to 44500 at least. Good Luck to you traders. Comment below for questions and don't forget to boost this if you like the analysis.
OANDA:US30USDLong
by leslyjeanbaptiste
DOW JONES 13-year pattern that never failed eyes $48000.Dow Jones (DJI) gave us the best bullish break-out signal exactly 1 year ago (December 13 2023, see chart below), as our buy entry at 36577 hit our 42900 long-term Target last October: At that time we made a clear point why that rally 'shouldn't surprise you' and it is because of this pattern's consistency for so many years. This 1W time-frame chart shows the cyclical behavior of the index, which peaks (Sine Wave top), then pulls back and starts forming a Rising Wedge (Sine Wave bottom) and when it breaks above the Rising Wedge, is where it flashed the bullish break-out signal we got a year ago. As you can see it then starts a gradual rise on the BB20 and completes the Cycle again (Sine Wave top) after roughly a +47% rally. The title mentions that this pattern 'never failed', practically it only broke during the COVID flash crash, which was a non-technical event than occurs once every 100 years. As you can see even the 1W MACD sequences between the cyclical patterns are identical. As a result, our Target towards the Sine Wave peak is 48000. If this is achieved in Q2 2025, based on Dow's current Channel Up (dashed), then we expect the index to remain on those high levels but turn more neutral sideways towards the end of 2025 and then eventual start of the new Bear Phase. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
3.5% Decline on The Dow Jones 30 But Is This Unusual?Looking at the trend structure over the last 8 months, we can see a pattern play out. Since April, pullbacks of between 3.5% and 7% have been part and parcel of the Dow Jones’s trend structure. (highlighted in red) The current pullback of 3.5% falls within this range. Note also how our trend filter remains mostly green and grey, with speckles of red, since April, in line with the long-term bull trend. The index has now fallen to the d50sma (orange line), where we want to see it find support, bounce, break out and continue its climb to 50,000, as it has done since April. The Dow Jones is also a good example of how trend structures can change despite no change in direction. October to March saw a much faster trend, using the d20sma (blue line) as support, eventually breaking through in April and leading to a change in trend structure. The Dow Jones is currently lagging behind the Nasdaq 100, which is setting record highs above 20,000 for the first time, and the S&P 500, which has settled into a mini consolidation above the 6000 level. We ideally want to see Santa deliver in the final 2 weeks of December. However, if the indices and stocks don't show new trend continuations through the rest of 2024, we want them to hold within consolidation, which will act a bases for trends in the New Year. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment. :0) See below for more information on our trading and trend-following techniques. As always, keep it simple, keep it Sublime.
DJ:DJILong
by Sublime_Trading