US30 trade ideas
DOW JONES Short term signal for fast profit.Dow Jones pulled back from Monday's high but the price action started to reverse today.
As long as the MA50 (4h) holds, we expect a quick rebound (at least) like the ones after the October 16th and September 18th pull backs.
Those rebounds gave rallies of +1.57% and 1.79% respectively.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 44450 (+1.57%).
Tips:
1. The RSI (4h) is also showing a temporary bottom similar to October 16th and September 18th.
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Notes:
Past trading plan:
US30 POSSIBLE SET UPUS30 has posted ATH post elections & post FOMC closing the weekly daily candle above the previous week and day which confirms that Market is strong bullish where we should be looking for buying only US30 has posted all time high at 44137 and low of the week was at 41642 with 50% level at 43216 which can act as valid buy zone if we look at lower time frame institutional order flow is at 43300 to 43470 probability of tapping this zone is possible which can act as buy zone targeting 1:3 we have inducement at 43651 which will act as SSL level in coming week. Fundamentally United Health Groups earning report is due on 15 Nov which will act as catalyst in move of US30. Manage your risk
Note: Only for educational purpose not an investment advise.
Possibility of uptrend It is expected that the continuation of the downward trend to the specified support area will be formed according to the specified paths. If the index crosses the resistance range, the continuation of the upward trend is likely
Dow Jones index probabilitiesThe possibility of a fall in American economic indices in the long term is painful, but in the short term, investors will inject liquidity into the indices and there is a possibility of an increase again.
Sasha Charkhchian
Special Update: Trump Win Sets Off Predatory Fed ActionsThis video highlights why I believe 2025 & 2026 will be filled with incredible opportunities for traders/investors.
Most people don't understand that the world's financial markets are connected through central bank policy and credit/debt operations. Global economies operate in some ways as interconnected economies, but many aspects of individual global economies are unique to their local economies, governments, and monetary policies.
Right now, we are living through what may become the "Great Decoupling Event," as I believe the actions of the US Federal Reserve and global central banks over the past 10+ years have created a unique situation for investors.
There has never been a time when global central banks attempted to coordinate around a global event (like COVID) in an attempt to spark economic activity. Usually, global central banks operate somewhat autonomously, depending on localized credit/debt/economic factors.
After the COVID crisis, I believe global central banks moved back into that mostly autonomous mode and failed to see the potential strength of the US economy - driving foreign currency values and debt markets crazy.
With Trump's second term "locked up," the data shows the money supply activity and expectations have changed (upward). The recent rate decreases by the US Fed were in the wrong direction. Now that money supply activity is moving aggressively to the upside, I think the US Fed will aggressively change its direction and begin to raise rates in early 2025 (or maybe even before the end of 2024).
This video attempts to show you why I believe an Anomaly Event is very likely before January 2025 and why I believe the US Fed is currently unprepared for what will likely come in early 2025 with Trump's inauguration.
If this trend continues, the Fed will be forced to fight inflationary trends again aggressively, which will most likely put extreme pressure on global credit/debt markets.
As a trader/investor - this should present some great opportunities for skilled traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
US30 - Markets Getting Ready for Corrections
Market as a whole is in All Time High (ATH) zones and due for a correction soon. This can be evident from Warren Buffet selling majority of their stakes in companies and holding over $300bn in cash. Dollar is also in a very strong Bullish momentum which overweighs other pairs and commodities.
From technical analysis point of view, Impulsive Wave 5 is nearing completion and we can expect a possible reversal to below level once MA200 is also in touching distance. Please note this a medium term approach and can change depending on macro factors.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Bearish drop off 50% Fibonacci resistance?DJ30 has reacted off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 44,214.96
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 44,550.95
Why we like it:
There is a pullback resistance level.
Take profit: 43,642.87
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension.
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US30 SET UPDow Jones (US30) is Falling towards a Pullback support and could potentially bounce off this level to climb higher.
US30 is showing upward signsus30 has taken correction and tested previous resistance and knowing showing bullish signs, good chance for buying at current levels with a stop loss just below the previous support
DOW/US30 - WHAT SHOULD WE DO?Team, last night we successfully short the DOW/US30 - hit both target more than 300 points
Another 3 hours, we are shorting DOW/US30 again at 44186-44232 ranges
with STOP Loss at 44432
Target 1 at 44132-18 - Once the first target hit, bring STOP LOSS to BE
Target 2 at 44096-86
Target 3 at 440.32-54
US30 SELL NOWUS30 have been on uptrend while leaving a gap down the sell side liquidity which will get filled am looking forward to see price take out the fvg zone at 43,820 for an aggressive or massive drop down to fill the gap and sweep liquidity below
MY GOAL TARGET IS 41,886
Dow JonesDJI - Dow Jones
Completed " 12345 " Impulsive Waves. Bullish Channel as an corrective pattern in short time frame and rejection from Upper Trend Line at Fibonacci Level - 261.8%. Strong Divergence with Break of Structure
DOW JONES: Short term target 44,850.Dow Jones is almost overbought on its 1D technical outlook (RSI = 69.283, MACD = 438.030, ADX = 26.531) and on top of that, the 4H RSI has been inside overbought territory since November 5th. The price action remains inside the Channel Up that started in August but every time the 4H RSI trades sideways like this on overbought ranges, the price enters a smaller Channel Up and leads to the peak HH. That's what we are aiming for now (TP = 44,850).
See how our prior idea has worked out:
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Bullish us30 Initial setup before market open is a w pattern formed looking to retest the neckline and the parallel trendline and give a good close above the long moving average to buy
Dow Jones Priced in GoldUS Equities (priced in gold) aren't quite done yet.
Just a massive range for the past 10 years...
#gold #djia #spx #stocks #inflation #recession
Weekly Forex Outlook Sun.Nov.10.2024 - Fri.Nov.15.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
1-hr US 30: Buyers Are in Control
The US30 index is currently displaying significant bullish momentum, highlighted by the formation of a Golden Cross, where the 20-day moving average (MA) has crossed above the 60-day MA. This technical pattern is widely regarded as a strong upward signal, often indicating the potential for continued price gains. However, after reaching new highs earlier this week, the index is now experiencing a correction phase, with the price pulling back to test the immediate support level at the 23% Fibonacci retracement. This zone may serve as a key short-term support, yet profit-taking by traders could exert additional selling pressure, potentially driving the index further down. A deeper correction might see prices testing the 38% Fibonacci retracement at 43,430 or even extending to the 50% retracement level near 43,100. From a risk management standpoint, these lower levels offer more attractive and safer entry points for long positions, as they align with stronger technical support and provide a better risk-reward profile for traders looking to capitalize on the broader bullish trend.
Temporary price reduction and Dow Jones price increase againBy being on the path of price increase, Dow Jones provided a good trading and investment position with a temporary price decrease, which you can see the result of this analysis on the price chart.
Sasha Charkhchian
SHORT DOWOver extended trump trade, buys around 43,30 - 42,90 people get too manipulated by the idea of trump for stocks and stocks just go one way!
US30 Trendline Breakout AnalysisRecently, US30 (the Dow Jones Industrial Average) broke through a key resistance trendline, signaling a potential shift in market momentum. Here’s why we think this breakout is significant and why the index may continue to rise:
Positive Economic Indicators: Recent economic data has shown resilience, with strong corporate earnings reports and steady employment numbers, reducing fears of an imminent recession. These factors boost investor confidence, attracting buying pressure and supporting upward price movement.
Lower Interest Rate Concerns: With inflation showing signs of cooling, the Federal Reserve may ease on aggressive rate hikes, which typically weigh on equities. The market often rallies when the outlook on interest rates is more favorable, as it lowers borrowing costs and encourages investment in riskier assets like equities.
Technical Breakout Confirmation: The recent breach of the resistance trendline was supported by high trading volume, which often validates the strength of a breakout. Additionally, other technical indicators, such as moving averages and the Relative Strength Index (RSI), show bullish momentum, suggesting that the breakout is not a false signal.
Market Sentiment and Risk Appetite: Investors appear to be shifting toward a "risk-on" mode, with increased demand for growth-oriented and blue-chip stocks in the US market. This shift in sentiment often leads to further gains in major indices like the US30, especially as it represents stable, high-performing companies.
Seasonal Trends and Year-End Rally Potential: Historically, the end of the year often brings about a “Santa Claus rally” in equity markets, where stock prices trend upward due to favorable market sentiment and portfolio adjustments. This seasonal pattern may further support the US30’s upward trajectory as we approach the year-end.
