Testing the lower barriersUpward movements to retest the highs failed. Price we'll find support at the lower barriers!Shortby Two4One41
US30: Sell Opportunity After Red Line RejectionUS30 has shown a strong rejection at the red line, signaling a potential sell trade. Keep an eye on price action as it approaches the green levelsโpossible bounce zones where a reversal could occur. These key areas may provide both continuation and counter-trend opportunities for day traders. Got questions about these lines? Drop a comment, and follow for more real-time insights! Disclaimer: This is not financial advice. Always trade responsibly!UShortby Remora_tradersUpdated 2
US30 - YM I love when the markets move smoothly like this. There are good day trade and scalp moves to catch 100-300point moves which are my type of moves. Bullish or Bearish doesn't matter good technicals will help make good profit.by TMcFadden7271
Us30 sellsSelling from here lower lots than normal, considering mid to high risk set upUShortby PassivePips1
US30 -near to support? What's next??#US30.. Dow Jones is just near to his supporting area. And if market hold it then bounce expected from here . Keep close and stay sharp Good luck Trade wiselyby AdilHussain731333Updated 2
US30= BuyTrend to the upside continues with a three wave structure being completed along with the B wave coming to an end, heading now towards the C wave. Lets see how it goesLongby WaveAway4
AMD IN DEPTHIn the following video, I'll explain what the Power of 3 is, how to use, how to spot it, and how to apply it to your trading.19:54by darrenblignaut784
US30: A record Higher High is On The Way $43000! Swing TradeBLACKBULL:US30 Fundamentals supports our idea, while looking at the technical side we can confirm that price will drop around 39k to 39.5k this is the zone which remain a key level for the big buyers. Ideally we would wait for price to approach our key level and then take buy entry. However, we might see early price mitigation around $40000 region. Good luck. Longby Setupsfx_4427
US30 Shorts BLACKBULL:US30 over all price is bearish, as it formed equal lows on that support we're gonna see bulls for short space of time. Then right after we'll see an impulsive move to the downside. Hense NFP direction has now been predicted. Shortby Michael080k4
forecast for US30"Iโm currently observing a potential bullish entry on the US30 before considering a short position. There are several fair value gaps (FVGs) and order blocks that need to be retested before confirming a bearish move. This is my most straightforward and analytical interpretation of the current market conditions." Feel free to adjust if needed!Longby Lordemerson3
Bearish Outlook Continues Ahead of NFP and U.S Jobs Data ReleaseNFP, Unemployment Rate, and Average Hourly Wage Data Set for Release Today The price declined by approximately 550 points, as highlighted in our previous analysis. From a technical standpoint, today's outlook remains bearish, supported by the positive U.S. jobs data. The price is projected to reach 40,470 and 40,320, with a potential break below 40,320 paving the way toward 40,000. Alternatively, if the price stabilizes above 40,470, it may consolidate between 40,470 and 40,800. These economic reports are expected to significantly influence Dow Jones market movements. Key Levels: Pivot Point: 40620 Resistance Levels: 40700, 40800, 41030 Support Levels: 40470, 40320, 40000 Expected Trading Range: 40700 - 40000 Trend: Bearish while under 40630.Shortby SroshMayi227
DOW JONES correction to extend until the Fed.Dow Jones (DJI) did what we expected of it 3 weeks ago (August 13, see chart below) and after pricing a Higher Low at the bottom of the 5-month Channel Up, it rebounded and reached the All Time High (ATH), pricing a Higher High: In continuation of that analysis, we now expect the new Bearish Leg to extend to possibly as low as the 0.618 Fibonacci retracement level, which was the case with the May 30 pull-back. The 1D RSI suggests that a 35.00 value would be ideal to signal a buy (same as May 30, see how both RSI fractals priced the top on the 70.00 overbought limit), while a Bullish Cross on the 1D MACD would be the final confirmation of the buy. Our long-term Target remains 42400 (+11.00% from the Higher Low, the same % rise as the July 18 High). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ 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. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Shortby TradingShot11
Dow Jones - ShortWhile DJI generally looking bullish trading in an ascending channel, the momentum price reacted at the upper band of the channel and retraced lower. Following a second consecutive session lower, a further continuation lower is anticipated with the middle level of the channel at 4,250 to be a reasonable target price for a price reaction. For the long term, bullish sentiment remains intact, though for such scenario a bullish reversal indication is needed. Does the middle level hold and bounce the price back higher or the lower level of the channel is ahead?by Kyriakos_CFTe1
Us30 analysisAs you can see we have a kind of double top followed by a CHoCH, a broken trendline and a clear divergence in TSI indicator. I think this area has its potential to set a sell order. Please consider the risk management. Goodluck.Shortby NavidNazarianUpdated 0
Downward trend It is expected that the downward trend will move according to the specified path and after meeting the resistance range, the continuation of the downward trend will be formed. Shortby STPFOREX0
US30 Daily Technical AnalysisIt's a simple trading analysis. If this help your daily bias then I'm glad :) Don't forget your risk management. GBU!!by FX_HRRY1
London / New York Session Recap - UK100, OIL [L], US30, NAS100UK100 Weekly Breakout Continuation Setup OIL Trend Retracement Setup US30 Trend Retracement Setup NAS100 Fakeout Setup09:05by nohypetrader0
US30 Outlook๐น Indices: ๐๏ธ Outlook: US30 has been breaking down into the 200ema Context time frame (5hr): I would like to see price show strength above the 10ema and 50ema before looking for longs. Validation Time Frame (30m): Price is below the 10/50/200 and is breaking into new lows. Neutral on US30 until it shows strength in the same direction both on 5hr and 30m time frame.by angelvalentinx5
US30/ DOW JONES US30 is forming A flat pattern, and the price might reverse and go north with a bullish momentum from the point of Fibo extension 2.61% The pattern is canceled if price goes beyond 3.14 Fibo extension , as shown in the chart. by yafrosi880
US30 - OUTLOOKFew weeks ago, I expected dollar to star making some recovery. And we can now se this impact on the stocks market. Slow bleed, but we will get there, my ideal next target is 39200 for US30. "May fortune attend thee, and thy trade prosper." .......L2Earned"Shortby L2Earned6
SELL ENTRY ON US30 THIS MORNING ! PROFITS !Using price action i entered this trade by waiting for price to break back below previous level of resistance. i than waited for a pullback to the same level and enterd my sell at 9am in the morning . Shortby DevinDaTrad3r0
DJI with or without bounce.. lower targets looks okay !DJI with or without bounce.. lower targets looks okay ! Very much sure Bout 40280-40060 There are some chances that it may reach 38700-37400-36400, but with my limited knowledge it's not worth to consider those levels as of now. In short.. sell on rise or keep selling on breakdowns.Shortby anandnarapaneni470
US30 , Today 09/05/2024 Strategy - Sell Or Buy ?!Strategy Overview: In this chart of the US30 (Dow Jones Industrial Average Index), the price action is forming a rising channel within the 15-minute timeframe. The trendlines highlighted suggest potential buy and sell zones based on the interactions with these lines. Key Elements: Trendline Structure: Buy Side: The lower trendline is acting as dynamic support. Each time the price touches this line, there's a buying opportunity, which has resulted in several bullish movements in the past. Sell Side: The upper trendline represents resistance. When the price approaches this area, it faces selling pressure. Trading Strategy: Buying Strategy: A buy trade can be initiated if the price retraces back to the Buy Side trendline (around 40,937), with a stop loss placed just below this support line. The target would be a movement toward the upper Sell Side trendline (near 41,043). Selling Strategy: A sell trade can be considered when the price reaches or slightly breaks through the Sell Side trendline. A stop loss can be placed above this level, with a target back down towards the Buy Side. Confirmation with RSI: The RSI indicator shows both overbought and oversold conditions frequently, which complements the trendline strategy. Currently, RSI is around neutral, meaning thereโs potential for either direction depending on where the price moves next within the channel. Conclusion: This strategy uses both support and resistance levels created by the rising channel to define entry and exit points for buy and sell positions. The interaction of the price with these trendlines, along with RSI confirmation, provides a clear framework for making trading decisions in this timeframe.Shortby Nigouk1