DOW JONES - BEARISH MOVEHello Traders !
The Dow Jones price failed to create a new higher high !
Currently, The Higher low is broken (change of character).
So, I expect a bearish move📉
_______________
TARGET: 43315.00🎯
US30 trade ideas
US30 MovementGo Through The analysis The price of US30 Seems In Buy Side.
Take Entry From current Price Stay in Buy Side These are Targets to Up Side If Price.
Our Goal To Buy Side 1st Target 43,760 2nd Target 44,000 important to key Factors before Making Trade. Keep Eye On The target That's the US30 Movement.
Plz Support with like and Comments for more insights to Fallow me.
[b]#US30 | Dow Jones[/b] Long opportunityThis is an in depth analysis of #US30 | Dow Jones based on data presented on the H4 timeframe, we can expect a little resistance from the selling pressure, but the ultimate push to the upside seems to be more prominent.
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 43300 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 43300 support and resistance area.
Trade safe, Joe.
Bull run incomingYM successfully dropped and reached a support structure which may facilitate a bull run towards the established highs and all-time high in the coming few days or weeks. As long as price action is above 43,400 the indice will likely erase the bearish momentum. However, if the indice fails to go up and drops below the mentioned mark, Dow Jones will continue it's downward movement.
US30 Technical Analysis: Key Levels and Trend ScenariosTechnical Analysis
The price currently shows bearish momentum toward 42900 and 42770, after which it is expected to consolidate between 42900 and 43170 until a breakout occurs.
However, as long as the price trades below 43200 and 43350, the downward trend remains intact. To enter a bullish zone, the price must break above this range by closing a 4-hour candle above 43350.
Key Levels:
Pivot Point: 43060
Resistance Levels: 43160, 43350, 43650
Support Levels: 42770, 42580, 42390
Trend Outlook:
Bullish Momentum: Stabilized above 43350
Bearish Momentum: Stability below 42900
Consolidation: Between 42900 and 43160
Dow Jones Long & ShortDow Jones
MTF Analysis
Dow JonesYearly Demand 37779
Dow Jones 6 Month Demand 40077
Dow JonesQtrly Demand BUFL 40077
Dow JonesMonthly Demand 43325
Dow JonesWeekly Demand 42491
Dow JonesDaily Demand DMIP 43381
ENTRY -1 Long 43381
SL 42938
RISK 443
Target as per Entry 44800
Target Points 1,419
If Price Reverse from current level then 44800 Is the First Target
Expecting Correction at 44800
ENTRY -2 Short 44800
SL 45073
RISK 273
Target as per Entry 42500
Target Points 2,300
US30 SELL to trend line idea *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed.
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.
Technical Analysis of the Dow Jones Industrial Average
The Dow Jones Industrial Average, as one of the most important benchmarks in the US stock market, is currently approaching a sensitive area in the range of 41363-41191 units. A review of the chart shows that this area acts as a strong support level and there is a possibility of a positive price reaction to this level. A full analysis of this situation will be provided below.
1. Price Structure Analysis
The Dow Jones Industrial Average has recently exited the ascending channel it had maintained in the past months and entered a corrective phase. This correction has led the index towards the aforementioned support area, which is considered a key and valid level given the history of price performance.
Level 41363-41191 units:
This support area is obtained from the collision of several technical tools, including Fibonacci ratios (100% and 113% retracement) and the dynamic support of the lower trend line of the channel. Also, the price being near the lower band of the Bollinger Bands indicator also indicates the possibility of slowing down the decline and starting an upward rebound.
2. Bullish scenario
If the index can maintain the support area of 41363-41191 units, a positive reaction and price increase can be expected.
Short-term bullish targets:
The price returns to the resistance level of 43749 units, which coincides with the 38.2% Fibonacci line. This level is considered the initial target for the rise if the price is supported successfully.
Breaking through this resistance can pave the way for reaching higher levels in the medium term, including the psychological resistance of 45000 units.
3. Bearish scenario
If the index fails to maintain the support area and stabilizes below the level of 41191 units, there is a possibility of continuing the downward trend.
Bearish targets:
The next support level is around 40800 units, and if it is broken, the possibility of further decline towards 39500 units will be strengthened.
This decline could push the index into a deeper correction phase and increase selling pressure in the market.
US30 Bearish King of Pips strategy and a bearish forecast for US30:
Strategy Overview
The King of Pips strategy is a technical analysis-based trading approach focusing on identifying trend reversals and continuations. This strategy combines multiple indicators and chart patterns to gauge market sentiment and predict price movements.
Key Components
Entry and Exit Points : Utilize candlestick patterns (e.g., hammer, shooting star) and indicator divergences.
Risk Management : Set stop-loss orders and position sizing.
Bearish Forecast for US30
Based on the King of Pips strategy, we anticipate a bearish outlook for US30:
Trading Plan
1. *Entry*: Short US30 at $42,588.
2. *Stop-Loss*: $42,767.
3. *Take-Profit 1*: $42,506.
4. *Take-Profit 2*: $42,425
4. *Position Sizing*: 2% of account balance.
Please note that this forecast and strategy are hypothetical and not investment advice. Trading carries risks, and you should consult your financial advisor before making decisions.
DOW JONES: 5 month Channel Up bottomed and 1D MA100 hit. BullishDow Jones turned bearish on its 1D technical outlook (RSI = 35.675, MACD = -65.830, ADX = 38.532) after yesterday's sharp drop due to the Fed announcing an outlook shift to 2 rate cuts in 2025 from 4 previously. Technically though that fall presents a unique long term buy opportunity as despite crossing under the 1D MA50, it managed to hit the 1D MA100 for the first time since Aug 8th while touching the bottom of the 5 month Channel Up. Today the price is showing the first signs of rebounding. The 1D RSI rebounding from below 30.000 (oversold) is also a great bullish indicator. The drop that resembles most December's is the first bearish wave of the Channel (July-August). When it recovered, the rebound hit the R1 level at first and that is our target (TP = 45,000).
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US30 Provides a nice bull move at the 42300 levelUS30 Gave a nice long opportunity At 9:30 am when it quickly pushed up from the 42300 support level. This long will likely reach above the 43200 level and retest this area to continue its bullish move overall.
The bulls have arrived!
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.
US30 trade idea, Crystal clean entryWhat are the market makers thinking? That we wouldn't see this??...lol we did and we gon eat!
DM me for signals and mentorship.
Leggo!!!
#us30signals
Price Tests Key Levels as Bullish and Bearish Momentum CompeteTechnical Analysis
The price dropped as anticipated in the previous analysis. Today, the price is likely to attempt to reach 41,960. A break below this level would confirm further bearish movement toward 41,740. However, if the price stabilizes above 41,970, it could support a bullish move toward the pivot zone at 42,370.
Key Levels:
Pivot Point: 42130
Resistance Levels: 42370, 42590, 42770
Support Levels: 41970, 41740, 41560
Trend Outlook:
Bullish Momentum: Expected if the price stabilizes above 41,970.
Bearish Momentum: Likely with stability below 41,970.
previous idea:
US30 Trade IdeaAfter a strong impulsive move to the downside and breaking below key levels, we had a corrective move to retest a recently broken support and a rejection.
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
US30 POSSIBLE BUY The market is currently testing the current Weekly 0.78 Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
US30 BUYI'm expecting the market to break the resistance trendline and the horizontal trendline all together to confirm the my buy.
US30 Long Idea Expected HL is formed on us30
Bullish hammer formed at 4hr TF the Golden zone of Fib level
Bullish Divergence at 1hr TF
buy at Current Market price 43610
SL at 43290
TP 1 44255
TP 2 45065
