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US30 trade ideas

US30 Short Idea based on monthly-minute breakdownAfter thorough breakdown i see US30 diverging in the weekly & hourly TF, after that I measured the daily-weekly moving average and concluded that it has finished the average pip movement before usual daily retracements. So after deciding it will be bearish I’m looking for a bullish retracement in the 1min-15 min TF to the 45100 area where I’ll be looking to place my SELLS. TP targets have been set from TP1-TP6 (Make sure to set to break even after TP1 hits if deciding to swing trade). Bulls usually control December so I did mark up the possible bullish scenarios from the 1st 4 TPs. Let’s see if US30 can FEED US !!
THINKMARKETS:US30Short
by jcatchinpips
Major crash imminent?Is there a coming market crash? Technically it looks that way. In the past 130 years, price on the Dow has never been above the upper trendline, except twice, and the first time it happened, it happened just before the major crash in 1929 that set off the Great Depression. The second time is NOW. It's happening right now . Also, every time price gets close to the upper trendline, it falls back down (2000, 2008, covid, and in June this year, it fell by 20%.) Right now, the DOW is at 45000. If one looks at the long term trend line, a healthy price level right now should be around 18000...a hefty 60% drop.
TVC:DJILong
by rayzor1979
1
US 30 Stuck at a support line around 43794 at Market Close. US30 has been resting on the support line at 43794 for the last 7 hours. We are currently in 2 shorts and hoping price breaks down past this support level to the second support below at 43360. If price does break the current support it will likely head down there to return in a week or two. Based on what's happening with the individual companies represented by the Dow Jones the sentiment is that US30 will continue to fall for now. Take shorts as long as the market allows you to, but be mindful and prepared for a consolidation or market manipulation. Keep your risk low and follow the trend. Let me know your thoughts!
OANDA:US30USDShort
by leslyjeanbaptiste
2
US30 Is Bullish! Buy! Here is our detailed technical review for US30. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 44,204.8. Considering the today's price action, probabilities will be high to see a movement to 45,600.0. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:US30Long
by SignalProvider
2
US30 Continues to Fall. Likely to go to 43360 US30 Retested upper supports at 0500 and 0600 Hours. At that point we were looking for entries on an intraday short. Which we took. US30 is currently Falling and will likely hit 43369 area before looking to return bullish as the Dow Jones continues to show signs of weakness. If you are already in a short you can hold it. If you want to get in on an entry price is quickly approaching a week support line at 43800. If it breaks this support, look for a retest for a clean entry. If you are waiting for the Bullish trend we will be waiting at least 5 trading days at this point. Let me know your thoughts!
OANDA:US30USDShort
by leslyjeanbaptiste