Get started
Dow Jones Industrial Average IndexDow Jones Industrial Average IndexDow Jones Industrial Average Index

Dow Jones Industrial Average Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

US30 trade ideas

US30 Possible Bullish ideaUS30 has been on a straight sell for the past 9days and finally is approaching a strong area of Resistance turned support and an ascending trendline on the higher TF. Seeing it has two ascending trendlines we will objectively look at it. If market respects the ascending trendline and the area of support turned resistance, we will execute a buy but if it breaks that level, we will continue a sell to the second trendline and area of resistance turned support. Remember, objectivity is the rule of the game. The market lads, we follow.
EIGHTCAP:US30
by KAYCEEFX1
US30USD H1 AnalysisTechnical Analysis: The US30USD is showing a clear resistance area around 43,250, with previous price action confirming this level. The support area is identified at 42,350. A strong bearish pattern has emerged with the recent rejection from the resistance zone. Entry: Current price level Stop Loss (SL): Set at 43,250 to limit potential losses above resistance. Take Profit (TP): Targeting 42,350 aligning with support levels. Fundamental Analysis: Factors influencing this trade include upcoming economic data releases and overall market sentiment reflecting investor caution amid current macroeconomic uncertainties. Continued monitoring of news events that could impact market dynamics is recommended. This setup offers a favorable risk-reward ratio by capitalizing on anticipated downward momentum within established technical levels. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
OANDA:US30USDShort
by David_Josh_Trader
US30 King of Pips 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. Bull Forecast for US30 Based on the King of Pips strategy, we anticipate a bull outlook for US30: Bull Candlestick Patterns Trading Plan 1. Entry: Bull US30 at $42,908 2. Stop-Loss: $42,684 3. Take-Profit 1: $43,010 4. Take-Profit 2: $43,112 5. *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.
BLACKBULL:US30Long
by ForexGroup101
2
Multitimeframe showing Risk/Reward ratio from current levelsThe chart shows daily timeframe on left side and hourly time frame on the right side. The indicator added shows multi timeframe trends and EMA8 on the same chart. Multi timeframe includes 1. daily trend/DT, daily ema/DE(in red) 2. Weekly trend/WT, Weekly ema/WE(in green) 3. Monthly trend/MT, monthly ema/ME(in blue). The price has recently moved close to ME , which is same as previous month low(PML) in this case and the hourly chart shows green trend has already started and looking in hocky stick pattern. At the current levels, I see a good risk reward ration of 1:3. Entering the market at this level will result in positive returns in most of the stocks. However, it would be prudent to choose uptrending stocks for entry for better returns than the sideways moving stocks. Stay tuned for more valuable inputs to buy low and sell high to stay profitable.
TVC:DJILong
by JKReddyLin
DOW - longI see sooo beautiful potential opportunity on DOW. Let me explain... From technical viewpoint - structure of Dow is long term bullish. This is very clear. At this point price seems to end the correction it started at the beginning of December 2k24 after making ATH. If price is going to break to the upside through resistance, this is potential of juicy 1500 points swing move to the ATH. From fundamental viewpoint - tommorow (18th December 2k24) is Rate Cut from FED with 95% probability of 25bp. Technical and fundamental viewpoints links to each other so my prediction is this: From tommorow (the day of 25bp rate cut from Fed and finish correction by breaking resistance to upside) is going to be continuation of bullish trend that's gonna last long time and potentially break ATH to make new ATH. Probably I have never seen that clean structure of Dow in my trading career for swing trade... We're gonna make a lot of money :* ~AS Malone
OANDA:US30USDLong
by adameksad
Analyzing Market Trends and FED Interest Rate Decisions "SPX"The daily chart above highlights FED interest rate cut decisions with vertical lines. I've used the DJI ticker instead of SPX, as it provides a more comprehensive representation of the overall market, unaffected by the dominance of the Magnificent Seven. My analysis focuses on monthly candle peaks (indicating overbought conditions) and lows (indicating oversold conditions), as well as direction reversals. This cycle repeats, forming higher highs and higher lows. By identifying these patterns, we can determine the market direction, which is either trending upward (green) or downward (red). Now we know the direction where the market is heading. Its either trending to form a new higher high OR new higher low. With that understanding, when we plot vertical lines on FED decision days, the direction has not changed. HOWEVER, the decision is accelerating the market direction to its targeted price(either higher high or higher low). The above guidance is for swing traders for a duration of about 2/3 weeks. Intraday traders can benefit this by looking at days high and low before decision announcement and knowing where the market is generally headed. As a trader, I utilize custom-built screener tables that cascade data across multiple timeframes and stocks/sectors. This unique approach provides a fascinating big-picture perspective, highlighting strong stocks and sectors. Reach out to me OR follow me for further insights. Happy Trading!!
TVC:DJIEducation
by JKReddyLin
US30 Falls to 42200 and is now in buyers ZoneUS30 Falls yesterday causing much of the traders to lose their bullish trades. The market faked like it wanted to go bullish but slid over 250 points. Price is currently closer to support 42300 and is likely to continue to consolidate between here and 92900. This is a zone to take small intraday trades to make up for any losses sustained with yesterday's slide. For bullish confirmation look for a retest above 42900. Be careful by paying attention to look for higher highs and higher lows. Be safe out there. Good trading.
OANDA:US30USDLong
by leslyjeanbaptiste
US30 morning analysisTechnical analysis of US30. Cleaned Elliott Wave count off chart. Pitchfork drawn from major pivots over the last 5 years (March 2020 low to January 2022 high to October 2022 low. If price cannot tag the median line (red line) of the pitchfork, there is a high probability that price will return to the last pivot (green ellipse). At present, tagging the median line would require ~20% gains from current price. Anything is possible, but odds would seem to favor <20% gains in 2025. Price again broke pitchfork support (lower blue line) yesterday, on impulsive price action. If top is in, price likely to topple towards October 2022 low (28586.8) on continued impulsive price action.
PEPPERSTONE:US30Short
by discobiscuit
Possible Cypher bullish pattern for Dow?Hi Guys, The US 30 has been getting sold off from its most recent high and there has been minimal to no interest for any support thus far. Currently it is testing the 50DMA and close to daily support level., where we may see a small bounce up to lower time frame resistance levels. A break and close below the 50DMA and further a break below support opens the door for the Dow to head to the FVG below, and a test of the 100DMA and a very obvious demand zone where a bullish move looks inevitable. If price does move to that area then there will also be the entry point for a bullish cypher pattern with excellent fib ratios. All in all nice confluence at the cypher entry point if price can get there. Daily RSI is currently not yet in oversold but could end up being so if we move down to the cypher entry zone, which will add to confluence. Furtermore, if the Dow can rally from there back up to the high then there could again be strong selling pressure at the 2.0 retracement of the bear market high to low located at around 45300 level. ( Dow did not quite hit that level on this swing lower and RSI was not in overbought albeit showing clear divergence)) Two potential huge risk to reward trades if price reaches these levels. Safe Trading all
BLACKBULL:US30Long
by elyask120