DOW JONES: 4 week bottom on the 1W MA50. Best time to buy.Dow Jones turned neutral again on its 1D technical outlook (RSI = 46.611, MACD = -297.980, ADX = 37.851) as it is recovering today and more importantly keeps its price action above the 1W MA50. This is the 4th straight week that it trades and holds the 1W MA50, which is shaping up to be the natural long term support. That is keeping the 1W RSI neutral (47.224), which technically suggets that it is the most low risk level to buy. The 1W RSI made a double bottom due to this consolidation and the 1W MACD printed the first light red bar, all of which are similar to the October 23rd 2023 bottom.
Both have been bottoms after bearish waves of the 1.5 year Channel Up and as a matter of fact similar in decline rate (-9.50%). The highest probability level for a rebound and start of the new bullish wave is this, and based on the previous, it should aim for the 2.0 Fibonacci extension (TP = 49,000).
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DJI trade ideas
Updates on Our Last US30 analysis Update ๐ฏ๐ฏ
Market Structure
1. Trend: The market has been in a downtrend since mid-February, forming lower highs and lower lows.
2. Recent Price Action: There was a strong drop in mid-March, followed by a recovery attempt.
3. Current Zone: Price is hovering around 42,090, attempting to push higher after a recent low.
Key Levels
โข Support: Around 41,500 - 41,800 (recent swing low area)
โข Resistance: Around 42,500 - 42,700 (previous supply zone)
Possible Trade Setups
1. Bearish Scenario (Short)
โข If price rejects the 42,500 - 42,700 resistance zone with a bearish candle, it could signal a short entry targeting 41,800 or lower.
โข Confirmation: Bearish engulfing or rejection wicks.
2. Bullish Scenario (Long)
โข If price breaks and holds above 42,700, it may indicate a trend reversal.
โข A clean breakout with retest can signal a buy entry, targeting 43,000+.
Feel free to leave a Comment below โฌ๏ธ
Hanzo | US30 15 min Breaks โ Will Confirm the Next Move๐ US30
The Path of Precision โ Hanzoโs Market Strike
๐ฅ Key Levels & Breakout Strategy โ 15M TF
๐ฅ Deep market insight โ no random moves, only calculated execution.
โ๏ธ Bearish Break Setup โ 41830 Zone
Price must break liquidity with high volume to confirm the move.
๐ฉธ 15M Time Frame Confluence
โโโโ
CHoCH & Liquidity Grab @ 42160
CHoCH & Liquidity Grab @ 42050
Key Level / Equal Highs Formation
Strong Rejection from 18800 โ The Ultimate Pivot
๐ฅ 1H Time Frame Confirmation
Twin Wicks @ 42160 โ Liquidity Engineered
BOS @ 41830 โ Directional Shift Confirmed
โ๏ธ 4H Historical Market Memory
โโ
๐ฏ 27 March 2025 โ First Retest @ 42175
๐ฏ 19 March 2025 โ Second Retest @ 42175
๐ฏ 7 Mar 2025 โ Third Retest @ 42175
๐ The Market Has Spoken โ Are You Ready to Strike?
US30 Scalping Ideas for NYSE open todaySince the NYSE brings a lot of volume, we can look for both buy and sell ideas depending on how the candles behave. I will wait for the first 5-minute candle after the NYSE open to plan my trade.
Higher timeframes (weekly, 4H, and the hourly) all look bearish except for the bullish close yesterday, so my bias is still bearish. Unless we see some tariff related good news or any other fundamental news release, the continuation most likely can be towards the downside.
Happy trading!
Dow Jones INTRADAY capped by 42375Resistance Level 1: 42375
Resistance Level 2: 42846
Resistance Level 3: 43288
Support Level 1: 41279
Support Level 2: 41000
Support Level 3: 40562
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.
US30 Trade Outlook โ 01/04/2025 ๐จ US30 Trade Outlook โ 01/04/2025 ๐จ
๐ Market Structure & Key Levels
US30 is showing signs of bullish recovery after bouncing from the 41,260 support zone. Price is currently testing the 42,000 area with momentum, but faces key resistance ahead.
๐ Key Observations:
โ
Bounce from Demand Zone โ Strong reaction at 41,260
โ
Short-Term Bullish Momentum โ Price reclaiming EMAs
๐ป Key Resistance Zones: 42,787 โ 43,021
๐ฏ Trade Plan:
๐น Long if price holds above 42,000 โ Target 42,787 โ 43,021
๐ป Short if rejection near 42,800 โ Target 41,600 โ 41,260
โ ๏ธ April kicks off with volatility โ stay reactive, not predictive.
Dow Jones Buy Opportunity After BreakoutA technical analysis of the Dow Jones Industrial Average, showing a breakout of a price pattern that may indicate further upside.
Entry Level: 41,926.7
Target: 44,578.9 (5.44% increase)
Stop Loss: 41,225.8 (2.49% risk)
Risk/Reward Ratio: 1:2.19
The current trend supports further gains based on price action. Do you think the index will reach the target? Share your thoughts!
US30 OUTLOOK DONT CHASE TRADES,WAIT FOR TRADES
Market Structure:
Downtrend: The overall structure shows lower highs and lower lows, indicating a bearish market.
Recent Price Action: Price has recently made a sharp drop and is currently bouncing off a possible support level.
Key Levels:
Resistance: ~42,400 (previous lower high)
Support: ~41,200 (recent low where price bounced)
Potential Setups:
Bearish Continuation: If price reaches the 42,000โ42,400 zone and rejects with strong bearish candlestick patterns, it could indicate another leg down.
Bullish Reversal: If price forms a higher low above 41,200 and breaks above 42,000 with strong momentum, a reversal could be in play.
Range Play: If price consolidates between 41,200 and 42,000, possible scalping opportunities within the range.
Confirmation:
Look for candlestick confirmations (e.g., bearish engulfing for a sell, bullish engulfing for a buy).
Use volume analysis to confirm breakout strength.
Monitor economic news for potential volatility.
DOW JONES - Quaterly Analysis Dow Jones is going through major uncertainties, which has hampered the momentum already . Now we can expect it to form a low near the 40,000 zone in this quarter if downside momentum continues. Overall, I expect Dow to test the previous all-time high and make a new all-time high as well . All levels are marked in the chart posted.
DOW JONES (US30): Bullish Reversal Confirmed?!
Dow Jones finally looks strong.
I see a high momentum bullish candle after
a confirmed liquidity grab below the underlined demand zone.
I expect up move at least to 41750 resistance.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Dow Jones , Double Top continuation Dow Jones Industrial Average (US30) Analysis - March 31, 2025
Chart Structure & Pattern
Head & Shoulders Pattern: The chart shows a clear double head & shoulders formation, which is a strong bearish reversal signal.
Neckline Break: Price has already broken below the neckline of the pattern, confirming a potential downward move.
Retest in Progress: The price is attempting to retest the neckline around the 42,000 - 42,500 zone, which could act as resistance.
Key Levels to Watch
Resistance Levels:
42,500 - 42,800 (Neckline resistance; sellers may defend this level)
43,200 - 44,000 (If price reclaims this zone, bearish structure invalidated)
Support Levels (Bearish Target Areas):
40,000 - 39,800 (Psychological support)
38,731 (Highlighted major target, where price could bounce)
37,600 (Next major demand zone if 38,731 fails)
Potential Scenarios
โ
Bearish Scenario (More Likely)
If price rejects 42,500, a continuation to 38,731 (-9.51%) is highly probable.
Volume is rising on declines, confirming strong selling pressure.
๐ Bullish Scenario (Less Likely)
If price closes above 42,800, we could see a short squeeze toward 44,000.
Conclusion
Overall Bias: Bearish
Confirmation Needed: Watch price action at 42,500-42,800โif rejected, expect a drop.
Ideal Trade Setup: Sell near 42,500 with a target at 38,731.
Dow Jones 4H Chart Analysis: Support Test & Potential Reversal ๐ Downtrend: The price was falling sharply before forming an upward channel.
๐ Channel Break: The price broke below the ascending channel ๐จ.
๐ฆ Support Zone: The blue area marks a strong support region ๐.
๐ต Bounce Expected? If the price holds, a rebound could happen ๐.
๐ฏ Target: The projected upside target is 42,758.3 ๐.
โ ๏ธ Risk: If the support fails, the price may drop further โ.
๐ด Watch for: A confirmed reversal near support or further breakdown!
US30 Trade Outlook โ 31/03/2025๐จ US30 Trade Outlook โ 31/03/2025 ๐จ
๐ Market Structure & Key Levels
US30 is currently consolidating after a steep selloff from the 42,800s. Price is sitting near short-term support at 41,434, but momentum remains bearish unless bulls step in fast.
๐ Key Observations:
๐ป Strong Bearish Momentum โ Sharp drop from resistance zones
๐น Support Holding (for now): 41,400
๐ป Breakdown Risk: Below 41,400 opens the door toward 40,678
๐ฏ Trade Plan:
๐ป Short if 41,400 fails โ Target 40,678
๐น Long only if price reclaims 41,800+ and EMAs flip bullish
โ ๏ธ Wait for clean confirmations โ no chasing moves.
US30 bullish LongWall Street goes full bull with tariffs and payrolls looming
I buy the correction
Price closed at low on Friday,for me:Time to buy the correction
Also non farm payrolls looming coming this Friday.
I dont use price action,because it is worthless to use past gone data,on future movements.
Instead I use my favourite commercial analysis
Big commercials buying US30, hedgefunds taking profit and selling it.It means its time to BUY!!!
US30The US30 (Dow Jones Industrial Average) this week is showing a bearish direction, driven by several factors:
1. **Tariff Concerns**: The announcement of new tariffs, particularly a 25% tariff on auto imports, has caused market uncertainty. Investors are wary of potential inflation and the impact on corporate earnings.
2. **Inflation and Interest Rate Fears**: Ongoing concerns about inflation and the Federal Reserve's policies on interest rates are also contributing to market volatility.
3. **Upcoming Earnings Reports**: Key earnings reports, including Tesla's Q1 delivery numbers, are creating uncertainty. Depending on these results, market sentiment could either stabilize or worsen.
Given these factors, the market is leaning bearish this week, and more volatility can be expected depending on upcoming economic data and corporate earnings releases.
BUY EVERY DIP, HOLD FOR THE NEXT 7-MONTH CYCLE UNTIL OCTOBERThere are the current turmoil by tariffs and perceived recession, yet, the cycles strongly support a further advance from the March lows until October 2025. The bottom in March 2020 formed the base for the 5 year bull cycle nested within the larger 13 year cycle.
PRICE
The 2020 crash low formed at 18213.65, the decline in 2022 formed a bottom at 28660.94. We would have a price range Low - Low of (+10447.29 pts)
(28660.94 - 18213.65) = 10447.29 units
By projection if the range between the first two bottoms is 10447.29 we would expect the third bottom connecting three expanding points to be at 1.618 of 10447.29 points from 28660.94
28660.94 + (10447.29 x 1.618) = 45564.66
This makes the current top at 45073.63 through 45564.66 level a major support whereas its also a minor resistance for some correction and we expect price to move through this level.
TIME
Time connecting the three points 23/03/2020 - 03/01/2022 - 10/10/2022 with March 2020 as starting point would give us a time count (0.0 - 651 days - 931 days).
We find that between the two bottoms the top in Jan 2022 came in at 651 days. By projection we expect the next bottom to be at least 209 weeks or 1463 days from 10/10/2022 with a top located at a Phi variation of 651.
We would project a time range 1064 - 1099 days for a top and a decline into the third bottom 1463 days from 10/10/2022 and 2394 days from 23/03/2020. Trade safe, good luck.